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942 Hopewell Ln, Apple Valley, MN 55124

3 beds • 2 baths • 2349 sqft

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This property might be a fair Airbnb investment with a projected 1.84% first-year return on $98,913 initial cash invested.

1.84%

Cash On Cash

6.93%

Cap Rate

1.18

DSCR

$4,749

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,749 income − $4,597 expenses = $152 cash flow

Income$4,749Mortgage P&I$1,88240%Property Taxes$3016%Insurance$1353%Management$71215%CapEx$1904%Maintenance$1904%Other$1,18725%Cash Flow$152

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,913

Downpayment

20%

$77,060

Closing costs

1%

$3,853

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,749

Total Expenses

$4,597

Mortgage P&I

40%

$1,882

Property Taxes

6%

$301

Home Insurance

3%

$135

HOA

0%

$0

Property Management

15%

$712

CapEx

4%

$190

Vacancy

0%

$0

Maintenance

4%

$190

Other

25%

$1,187

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