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$2,889 (target)

909 11th St NW, Austin, MN 55912

3 beds • 2 baths • 1006 sqft

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This property could be a profitable Mid-Term investment with a projected 20.87% first-year return on $53,469 initial cash invested.

20.87%

Cash On Cash

13.42%

Cap Rate

2.24

DSCR

$2,889

Rent

$930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,889 income − $1,959 expenses = $930 cash flow

Income$2,889Mortgage P&I$84329%Property Taxes$722%Insurance$602%Management$34712%CapEx$1164%Vacancy$873%Maintenance$1164%Other$31811%Cash Flow$930

Investment Breakdown

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Purchase Price

$169k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,469

Downpayment

20%

$33,780

Closing costs

1%

$1,689

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,889

Total Expenses

$1,959

Mortgage P&I

29%

$843

Property Taxes

2%

$72

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$347

CapEx

4%

$116

Vacancy

3%

$87

Maintenance

4%

$116

Other

11%

$318

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