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654 8th Ave NW, New Brighton, MN 55112

3 beds • 3 baths • 2120 sqft

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This property looks like a bad Airbnb investment with a projected -2.2% first-year return on $91,710 initial cash invested.

-2.2%

Cash On Cash

5.85%

Cap Rate

1

DSCR

$4,031

Rent

-$168

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,710

Downpayment

20%

$70,200

Closing costs

1%

$3,510

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,031

Total Expenses

$4,199

Mortgage P&I

43%

$1,719

Property Taxes

10%

$423

Home Insurance

3%

$122

HOA

0%

$0

Property Management

15%

$605

CapEx

4%

$161

Vacancy

0%

$0

Maintenance

4%

$161

Other

25%

$1,008

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