REI Lense

REI Lense

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$2,455 (target)

107 Justice Pl, Big Lake, MN 55309

3 beds • 2 baths • 2169 sqft

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This property looks like a bad Long-Term investment with a projected -3.37% first-year return on $70,245 initial cash invested.

-3.37%

Cash On Cash

5.44%

Cap Rate

0.95

DSCR

$2,455

Rent

-$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

5.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,245

Downpayment

20%

$66,900

Closing costs

1%

$3,345

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,455

Total Expenses

$2,652

Mortgage P&I

65%

$1,590

Property Taxes

13%

$311

Home Insurance

5%

$112

HOA

0%

$0

Property Management

10%

$246

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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