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6709 Harriet Ave, Minneapolis, MN 55423

3 beds • 2 baths • 2095 sqft

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This property looks like a bad Airbnb investment with a projected -7.19% first-year return on $103k initial cash invested.

-7.19%

Cash On Cash

4.47%

Cap Rate

0.77

DSCR

$3,840

Rent

-$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$404k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$103k

Downpayment

20%

$80,800

Closing costs

1%

$4,040

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,840

Total Expenses

$4,456

Mortgage P&I

51%

$1,967

Property Taxes

13%

$496

Home Insurance

4%

$149

HOA

0%

$0

Property Management

15%

$576

CapEx

4%

$154

Vacancy

0%

$0

Maintenance

4%

$154

Other

25%

$960

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