REI Lense

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$2,968 (target)

1426 13th Ave NE, Rochester, MN 55906

3 beds • 2 baths • 2029 sqft

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This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $79,383 initial cash invested.

0.44%

Cash On Cash

7.02%

Cap Rate

1.09

DSCR

$2,968

Rent

$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,968 income − $2,939 expenses = $29 cash flow

Income$2,968Mortgage P&I$1,56253%Property Taxes$2669%Insurance$1023%Management$35612%CapEx$1194%Vacancy$893%Maintenance$1194%Other$32611%Cash Flow$29

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,383

Downpayment

20%

$58,460

Closing costs

1%

$2,923

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,968

Total Expenses

$2,939

Mortgage P&I

53%

$1,562

Property Taxes

9%

$266

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$356

CapEx

4%

$119

Vacancy

3%

$89

Maintenance

4%

$119

Other

11%

$326

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