Madison Lake, MN — Rental Investment Analysis
🔴POOR— negative cash flow likelyCap Rate
1.5%
Below average
Monthly Cash Flow
-$1,810
After all expenses
Price-to-Rent
25.8
Overpriced for rent
DSCR
0.23
Fails
📊 Key Metrics
- Median Home Price
- $442,514
- Average Rent (3BR)
- $1,430/mo
- Price-to-Rent Ratio
- 25.8(high)
- 1% Rule
- 0.32%(fails — need 1%+)
- Cash-on-Cash Return
- -21.3%
- Vacancy Rate
- 8.0%
📈 Market Strength
- Unemployment Rate
- 4.5%(+0.2% vs national)
- Rent Growth (YoY)
- +2.9%(national avg)
- Population Growth
- +0.2% YoY
Assumptions Used
20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance
Customize these numbers →Property Tax Rate
1.05%
of assessed value (MN avg)
Median Income
$77,706
household (MN avg)
Rent-to-Income
22.1%
Affordable
Section 8 Max Rent
$1,430/mo
3BR voucher payment
🏛️ MN Investor Climate
Landlord Friendly
6/10
State Income Tax
Has state tax
Property Tax
1.05% effective
Population Trend
+0.2% (3yr)