REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,283 (target)

1303 SW 6th St, Grand Rapids, MN 55744

3 beds • 2 baths • 1781 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.26% first-year return on $59,997 initial cash invested.

-6.26%

Cash On Cash

5.92%

Cap Rate

0.88

DSCR

$2,283

Rent

-$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,283 income − $2,596 expenses = $313 out of pocket

Income$2,283Out of Pocket$313Mortgage P&I$1,60870%Property Taxes$30213%Insurance$934%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,283

Total Expenses

$2,596

Mortgage P&I

70%

$1,608

Property Taxes

13%

$302

Home Insurance

4%

$93

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis