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942 Hopewell Ln, Apple Valley, MN 55124

3 beds • 2 baths • 2349 sqft

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This property looks like a bad Airbnb investment with a projected -5.51% first-year return on $98,913 initial cash invested.

-5.51%

Cash On Cash

4.89%

Cap Rate

0.83

DSCR

$3,584

Rent

-$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,584 income − $4,038 expenses = $454 out of pocket

Income$3,584Out of Pocket$454Mortgage P&I$1,88253%Property Taxes$3018%Insurance$1354%Management$53815%CapEx$1434%Maintenance$1434%Other$89625%

Investment Breakdown

|

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

$3,584

Total Expenses

$4,038

Mortgage P&I

53%

$1,882

Property Taxes

8%

$301

Home Insurance

4%

$135

HOA

0%

$0

Property Management

15%

$538

CapEx

4%

$143

Vacancy

0%

$0

Maintenance

4%

$143

Other

25%

$896

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