REI Lense

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$3,675 (target)

15320 Highwood Dr, Minnetonka, MN 55345

3 beds • 2 baths • 1586 sqft

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This property looks like a bad Mid-Term investment with a projected -0.16% first-year return on $95,637 initial cash invested.

-0.16%

Cash On Cash

6.56%

Cap Rate

1.07

DSCR

$3,675

Rent

-$13

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,675 income − $3,688 expenses = $13 out of pocket

Income$3,675Out of Pocket$13Mortgage P&I$1,88751%Property Taxes$40711%Insurance$1454%Management$44112%CapEx$1474%Vacancy$1103%Maintenance$1474%Other$40411%

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,637

Downpayment

20%

$73,940

Closing costs

1%

$3,697

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,675

Total Expenses

$3,688

Mortgage P&I

51%

$1,887

Property Taxes

11%

$407

Home Insurance

4%

$145

HOA

0%

$0

Property Management

12%

$441

CapEx

4%

$147

Vacancy

3%

$110

Maintenance

4%

$147

Other

11%

$404

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