REI Lense

REI Lense

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$2,757 (target)

13280 200th Ave NW, Elk River, MN 55330

3 beds • 2 baths • 2574 sqft

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This property looks like a bad Long-Term investment with a projected -9.37% first-year return on $91,056 initial cash invested.

-9.37%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$2,757

Rent

-$711

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,757 income − $3,468 expenses = $711 out of pocket

Income$2,757Out of Pocket$711Mortgage P&I$2,18679%Property Taxes$41315%Insurance$1526%Management$27610%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,056

Downpayment

20%

$86,720

Closing costs

1%

$4,336

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,757

Total Expenses

$3,468

Mortgage P&I

79%

$2,186

Property Taxes

15%

$413

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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