REI Lense

REI Lense

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$1,731 (target)

1202 11th St NW, Austin, MN 55912

3 beds • 2 baths • 1173 sqft

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This property might be a fair Long-Term investment with a projected 5.77% first-year return on $37,464 initial cash invested.

5.77%

Cash On Cash

8.19%

Cap Rate

1.28

DSCR

$1,731

Rent

$180

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,731 income − $1,551 expenses = $180 cash flow

Income$1,731Mortgage P&I$95055%Property Taxes$875%Insurance$634%Management$17310%CapEx$875%Vacancy$1046%Maintenance$875%Cash Flow$180

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,464

Downpayment

20%

$35,680

Closing costs

1%

$1,784

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,731

Total Expenses

$1,551

Mortgage P&I

55%

$950

Property Taxes

5%

$87

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$173

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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