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57 Luverne Ave, Minneapolis, MN 55419

3 beds • 2 baths • 2588 sqft

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This property looks like a bad Airbnb investment with a projected -13.31% first-year return on $149k initial cash invested.

-13.31%

Cash On Cash

3.07%

Cap Rate

0.52

DSCR

$4,590

Rent

-$1,657

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$626k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$149k

Downpayment

20%

$125k

Closing costs

1%

$6,255

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,590

Total Expenses

$6,247

Mortgage P&I

67%

$3,071

Property Taxes

17%

$766

Home Insurance

4%

$206

HOA

0%

$0

Property Management

15%

$688

CapEx

4%

$184

Vacancy

0%

$0

Maintenance

4%

$184

Other

25%

$1,148

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