REI Lense

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$4,156 (target)

12924 Revere Ln N, Champlin, MN 55316

3 beds • 2 baths • 2300 sqft

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This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $102k initial cash invested.

3.53%

Cash On Cash

7.28%

Cap Rate

1.24

DSCR

$4,156

Rent

$300

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,156 income − $3,856 expenses = $300 cash flow

Income$4,156Mortgage P&I$1,96547%Property Taxes$3388%Insurance$1403%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%Cash Flow$300

Investment Breakdown

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Purchase Price

$401k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$80,120

Closing costs

1%

$4,006

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,156

Total Expenses

$3,856

Mortgage P&I

47%

$1,965

Property Taxes

8%

$338

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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