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$3,756 (target)

7429 Aldrich Ave S, Richfield, MN 55423

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $97,254 initial cash invested.

0.79%

Cash On Cash

6.59%

Cap Rate

1.12

DSCR

$3,756

Rent

$64

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,756 income − $3,692 expenses = $64 cash flow

Income$3,756Mortgage P&I$1,85949%Property Taxes$43412%Insurance$1223%Management$45112%CapEx$1504%Vacancy$1133%Maintenance$1504%Other$41311%Cash Flow$64

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,254

Downpayment

20%

$75,480

Closing costs

1%

$3,774

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,756

Total Expenses

$3,692

Mortgage P&I

49%

$1,859

Property Taxes

12%

$434

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$451

CapEx

4%

$150

Vacancy

3%

$113

Maintenance

4%

$150

Other

11%

$413

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