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610 Nordic Ln, Buffalo, MN 55313

3 beds • 2 baths • 2072 sqft

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This property looks like a bad Airbnb investment with a projected -5.71% first-year return on $84,234 initial cash invested.

-5.71%

Cash On Cash

4.78%

Cap Rate

0.82

DSCR

$2,944

Rent

-$401

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,944 income − $3,345 expenses = $401 out of pocket

Income$2,944Out of Pocket$401Mortgage P&I$1,54052%Property Taxes$28110%Insurance$1104%Management$44215%CapEx$1184%Maintenance$1184%Other$73625%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,234

Downpayment

20%

$63,080

Closing costs

1%

$3,154

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,944

Total Expenses

$3,345

Mortgage P&I

52%

$1,540

Property Taxes

10%

$281

Home Insurance

4%

$110

HOA

0%

$0

Property Management

15%

$442

CapEx

4%

$118

Vacancy

0%

$0

Maintenance

4%

$118

Other

25%

$736

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