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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 Airbnb investment with a projected -7.13% first-year return on $93,789 initial cash invested.

-7.13%

Cash On Cash

4.78%

Cap Rate

0.78

DSCR

$3,923

Rent

-$557

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

$93,789

Downpayment

20%

$72,180

Closing costs

1%

$3,609

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,923

Total Expenses

$4,480

Mortgage P&I

47%

$1,839

Property Taxes

16%

$632

Home Insurance

3%

$126

HOA

0%

$0

Property Management

15%

$588

CapEx

4%

$157

Vacancy

0%

$0

Maintenance

4%

$157

Other

25%

$981

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2

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