REI Lense

REI Lense

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$2,470 (target)

12011 Cree St NW, Coon Rapids, MN 55433

3 beds • 2 baths • 1995 sqft

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This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $79,317 initial cash invested.

-7.16%

Cash On Cash

4.89%

Cap Rate

0.82

DSCR

$2,470

Rent

-$473

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,470 income − $2,943 expenses = $473 out of pocket

Income$2,470Out of Pocket$473Mortgage P&I$1,88976%Property Taxes$28912%Insurance$1225%Management$24710%CapEx$1245%Vacancy$1486%Maintenance$1245%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,317

Downpayment

20%

$75,540

Closing costs

1%

$3,777

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,470

Total Expenses

$2,943

Mortgage P&I

76%

$1,889

Property Taxes

12%

$289

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$124

Vacancy

6%

$148

Maintenance

5%

$124

Other

0%

$0

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