REI Lense

REI Lense

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$1,782 (target)

11341 Palm St NW, Coon Rapids, MN 55448

3 beds • 2 baths • 1820 sqft

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This property might be a fair Long-Term investment with a projected 3.26% first-year return on $37,527 initial cash invested.

3.26%

Cash On Cash

7.26%

Cap Rate

1.21

DSCR

$1,782

Rent

$102

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,782 income − $1,680 expenses = $102 cash flow

Income$1,782Mortgage P&I$89050%Property Taxes$21712%Insurance$1106%Management$17810%CapEx$895%Vacancy$1076%Maintenance$895%Cash Flow$102

Investment Breakdown

|

Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,527

Downpayment

20%

$35,740

Closing costs

1%

$1,787

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,782

Total Expenses

$1,680

Mortgage P&I

50%

$890

Property Taxes

12%

$217

Home Insurance

6%

$110

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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