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$2,762 (target)

840 Mineral Sp Rd NE, Owatonna, MN 55060

3 beds • 2 baths • 2056 sqft

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This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $71,025 initial cash invested.

1.98%

Cash On Cash

7.74%

Cap Rate

1.16

DSCR

$2,762

Rent

$117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,762 income − $2,645 expenses = $117 cash flow

Income$2,762Mortgage P&I$1,40151%Property Taxes$2188%Insurance$883%Management$33112%CapEx$1104%Vacancy$833%Maintenance$1104%Other$30411%Cash Flow$117

Investment Breakdown

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Purchase Price

$253k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,025

Downpayment

20%

$50,500

Closing costs

1%

$2,525

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,762

Total Expenses

$2,645

Mortgage P&I

51%

$1,401

Property Taxes

8%

$218

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$331

CapEx

4%

$110

Vacancy

3%

$83

Maintenance

4%

$110

Other

11%

$304

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