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8938 Polk St NE, Blaine, MN 55434

3 beds • 2 baths • 2070 sqft

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This property might be a fair Airbnb investment with a projected 2.92% first-year return on $85,179 initial cash invested.

2.92%

Cash On Cash

7.46%

Cap Rate

1.23

DSCR

$4,157

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,179

Downpayment

20%

$63,980

Closing costs

1%

$3,199

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,157

Total Expenses

$3,950

Mortgage P&I

39%

$1,617

Property Taxes

5%

$226

Home Insurance

3%

$112

HOA

0%

$0

Property Management

15%

$624

CapEx

4%

$166

Vacancy

0%

$0

Maintenance

4%

$166

Other

25%

$1,039

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