REI Lense

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$2,771 (target)

12924 Revere Ln N, Champlin, MN 55316

3 beds • 2 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -5.61% first-year return on $84,126 initial cash invested.

-5.61%

Cash On Cash

5.13%

Cap Rate

0.87

DSCR

$2,771

Rent

-$393

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,771 income − $3,164 expenses = $393 out of pocket

Income$2,771Out of Pocket$393Mortgage P&I$1,96571%Property Taxes$33812%Insurance$1405%Management$27710%CapEx$1395%Vacancy$1666%Maintenance$1395%

Investment Breakdown

|

Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$84,126

Downpayment

20%

$80,120

Closing costs

1%

$4,006

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,771

Total Expenses

$3,164

Mortgage P&I

71%

$1,965

Property Taxes

12%

$338

Home Insurance

5%

$140

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$139

Vacancy

6%

$166

Maintenance

5%

$139

Other

0%

$0

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