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$2,961 (target)

643 Mound Ave, Mankato, MN 56001

3 beds • 2 baths • 2202 sqft

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This property could be a profitable Mid-Term investment with a projected 10.55% first-year return on $64,725 initial cash invested.

10.55%

Cash On Cash

9.89%

Cap Rate

1.6

DSCR

$2,961

Rent

$569

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,961 income − $2,392 expenses = $569 cash flow

Income$2,961Mortgage P&I$1,14739%Property Taxes$1605%Insurance$793%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32611%Cash Flow$569

Investment Breakdown

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Purchase Price

$223k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,725

Downpayment

20%

$44,500

Closing costs

1%

$2,225

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,961

Total Expenses

$2,392

Mortgage P&I

39%

$1,147

Property Taxes

5%

$160

Home Insurance

3%

$79

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$326

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