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$3,530 (target)

5841 Boone Ave N, New Hope, MN 55428

3 beds • 2 baths • 2112 sqft

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This property looks like a bad Mid-Term investment with a projected -1.73% first-year return on $96,624 initial cash invested.

-1.73%

Cash On Cash

6.05%

Cap Rate

1

DSCR

$3,530

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,530 income − $3,669 expenses = $139 out of pocket

Income$3,530Out of Pocket$139Mortgage P&I$1,88753%Property Taxes$45113%Insurance$1314%Management$42412%CapEx$1414%Vacancy$1063%Maintenance$1414%Other$38811%

Investment Breakdown

|

Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,624

Downpayment

20%

$74,880

Closing costs

1%

$3,744

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,530

Total Expenses

$3,669

Mortgage P&I

53%

$1,887

Property Taxes

13%

$451

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$388

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