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6100 Colfax Ln S, Minneapolis, MN 55419

3 beds • 2 baths • 2919 sqft

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This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $75,789 initial cash invested.

-9.96%

Cash On Cash

4.47%

Cap Rate

0.73

DSCR

$2,660

Rent

-$629

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$361k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,789

Downpayment

20%

$72,180

Closing costs

1%

$3,609

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,660

Total Expenses

$3,289

Mortgage P&I

69%

$1,839

Property Taxes

24%

$632

Home Insurance

5%

$126

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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