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$5,480 (target)

8620 Irving Cir N, Lake Elmo, MN 55042

3 beds • 3 baths • 2596 sqft

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This property looks like a bad Mid-Term investment with a projected -5.47% first-year return on $151k initial cash invested.

-5.47%

Cash On Cash

5.53%

Cap Rate

0.86

DSCR

$5,480

Rent

-$686

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,480 income − $6,166 expenses = $686 out of pocket

Income$5,480Out of Pocket$686Mortgage P&I$3,37662%Property Taxes$52610%Insurance$2314%HOA$1703%Management$65812%CapEx$2194%Vacancy$1643%Maintenance$2194%Other$60311%

Investment Breakdown

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Purchase Price

$631k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$126k

Closing costs

1%

$6,313

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,480

Total Expenses

$6,166

Mortgage P&I

62%

$3,376

Property Taxes

10%

$526

Home Insurance

4%

$231

HOA

3%

$170

Property Management

12%

$658

CapEx

4%

$219

Vacancy

3%

$164

Maintenance

4%

$219

Other

11%

$603

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