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$2,630 (target)

904 14th Ave SE, Austin, MN 55912

3 beds • 2 baths • 1426 sqft

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This property could be a profitable Mid-Term investment with a projected 10.21% first-year return on $59,916 initial cash invested.

10.21%

Cash On Cash

9.79%

Cap Rate

1.61

DSCR

$2,630

Rent

$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,630 income − $2,120 expenses = $510 cash flow

Income$2,630Mortgage P&I$1,01339%Property Taxes$1435%Insurance$703%Management$31612%CapEx$1054%Vacancy$793%Maintenance$1054%Other$28911%Cash Flow$510

Investment Breakdown

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Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,916

Downpayment

20%

$39,920

Closing costs

1%

$1,996

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,630

Total Expenses

$2,120

Mortgage P&I

39%

$1,013

Property Taxes

5%

$143

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$316

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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