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7808 Shingle Creek Dr, Minneapolis, MN 55443

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $89,799 initial cash invested.

2.27%

Cash On Cash

7.09%

Cap Rate

1.18

DSCR

$3,560

Rent

$170

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,799

Downpayment

20%

$68,380

Closing costs

1%

$3,419

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,560

Total Expenses

$3,390

Mortgage P&I

48%

$1,709

Property Taxes

10%

$356

Home Insurance

3%

$115

HOA

0%

$0

Property Management

12%

$427

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$392

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