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8386 Harkness Rd S, Cottage Grove, MN 55016

3 beds • 3 baths • 2268 sqft

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This property looks like a bad Airbnb investment with a projected -5.42% first-year return on $98,115 initial cash invested.

-5.42%

Cash On Cash

5.27%

Cap Rate

0.85

DSCR

$3,819

Rent

-$443

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,819 income − $4,262 expenses = $443 out of pocket

Income$3,819Out of Pocket$443Mortgage P&I$1,96752%Property Taxes$3339%Insurance$1283%Management$57315%CapEx$1534%Maintenance$1534%Other$95525%

Investment Breakdown

|

Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,115

Downpayment

20%

$76,300

Closing costs

1%

$3,815

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,819

Total Expenses

$4,262

Mortgage P&I

52%

$1,967

Property Taxes

9%

$333

Home Insurance

3%

$128

HOA

0%

$0

Property Management

15%

$573

CapEx

4%

$153

Vacancy

0%

$0

Maintenance

4%

$153

Other

25%

$955

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