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6631 210th St W, Farmington, MN 55024

3 beds • 2 baths • 1545 sqft

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This property looks like a bad Airbnb investment with a projected -19.24% first-year return on $101k initial cash invested.

-19.24%

Cash On Cash

1.35%

Cap Rate

0.22

DSCR

$1,742

Rent

-$1,627

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,742 income − $3,369 expenses = $1,627 out of pocket

Income$1,742Out of Pocket$1,627Mortgage P&I$2,004115%Property Taxes$38822%Insurance$1408%Management$26115%CapEx$704%Maintenance$704%Other$43625%

Investment Breakdown

|

Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,500

Closing costs

1%

$3,975

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$1,742

Total Expenses

$3,369

Mortgage P&I

115%

$2,004

Property Taxes

22%

$388

Home Insurance

8%

$140

HOA

0%

$0

Property Management

15%

$261

CapEx

4%

$70

Vacancy

0%

$0

Maintenance

4%

$70

Other

25%

$436

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