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$4,532 (target)

9024 Nevada Ave N, Brooklyn Park, MN 55445

3 beds • 2 baths • 2024 sqft

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This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $100k initial cash invested.

4.95%

Cash On Cash

7.96%

Cap Rate

1.3

DSCR

$4,532

Rent

$413

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,532 income − $4,119 expenses = $413 cash flow

Income$4,532Mortgage P&I$1,99744%Property Taxes$43210%Insurance$1493%Management$54412%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49911%Cash Flow$413

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,140

Closing costs

1%

$3,907

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,532

Total Expenses

$4,119

Mortgage P&I

44%

$1,997

Property Taxes

10%

$432

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$544

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$499

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