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$3,561 (target)

6929 Xerxes Ave S, Richfield, MN 55423

3 beds • 2 baths • 1780 sqft

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This property might be a fair Mid-Term investment with a projected 0.27% first-year return on $91,731 initial cash invested.

0.27%

Cash On Cash

6.61%

Cap Rate

1.09

DSCR

$3,561

Rent

$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,561 income − $3,540 expenses = $21 cash flow

Income$3,561Mortgage P&I$1,77050%Property Taxes$43812%Insurance$1223%Management$42712%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39211%Cash Flow$21

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,731

Downpayment

20%

$70,220

Closing costs

1%

$3,511

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,561

Total Expenses

$3,540

Mortgage P&I

50%

$1,770

Property Taxes

12%

$438

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$392

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