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759 Trout Lake Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 2008 sqft

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This property might be a fair Airbnb investment with a projected 2% first-year return on $73,650 initial cash invested.

2%

Cash On Cash

7.03%

Cap Rate

1.2

DSCR

$3,284

Rent

$123

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,284 income − $3,161 expenses = $123 cash flow

Income$3,284Mortgage P&I$1,29840%Property Taxes$1946%Insurance$933%Management$49315%CapEx$1314%Maintenance$1314%Other$82125%Cash Flow$123

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,284

Total Expenses

$3,161

Mortgage P&I

40%

$1,298

Property Taxes

6%

$194

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$493

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$821

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