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709 E 61st St, Minneapolis, MN 55417

3 beds • 2 baths • 2486 sqft

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This property looks like a bad Mid-Term investment with a projected -9.09% first-year return on $86,250 initial cash invested.

-9.09%

Cash On Cash

3.62%

Cap Rate

0.63

DSCR

$2,223

Rent

-$653

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$325k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,223

Total Expenses

$2,876

Mortgage P&I

70%

$1,545

Property Taxes

21%

$460

Home Insurance

5%

$114

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$245

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