REI Lense

REI Lense

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$1,432 (target)

1321 2nd St N, Saint Cloud, MN 56303

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -1.29% first-year return on $35,364 initial cash invested.

-1.29%

Cash On Cash

6.51%

Cap Rate

1.04

DSCR

$1,432

Rent

-$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,432 income − $1,470 expenses = $38 out of pocket

Income$1,432Out of Pocket$38Mortgage P&I$87961%Property Taxes$1349%Insurance$846%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,364

Downpayment

20%

$33,680

Closing costs

1%

$1,684

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,432

Total Expenses

$1,470

Mortgage P&I

61%

$879

Property Taxes

9%

$134

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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