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804 4th St, Farmington, MN 55024

3 beds • 2 baths • 1220 sqft

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This property looks like a bad Airbnb investment with a projected -7.4% first-year return on $71,676 initial cash invested.

-7.4%

Cash On Cash

4.36%

Cap Rate

0.72

DSCR

$2,254

Rent

-$442

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,254 income − $2,696 expenses = $442 out of pocket

Income$2,254Out of Pocket$442Mortgage P&I$1,28057%Property Taxes$23811%Insurance$964%Management$33815%CapEx$904%Maintenance$904%Other$56425%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,676

Downpayment

20%

$51,120

Closing costs

1%

$2,556

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,254

Total Expenses

$2,696

Mortgage P&I

57%

$1,280

Property Taxes

11%

$238

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$338

CapEx

4%

$90

Vacancy

0%

$0

Maintenance

4%

$90

Other

25%

$564

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