REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,610 (target)

1641 61st Ave NE, Fridley, MN 55432

3 beds • 2 baths • 2052 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.52% first-year return on $101k initial cash invested.

-2.52%

Cash On Cash

5.77%

Cap Rate

0.97

DSCR

$3,610

Rent

-$213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $3,823 expenses = $213 out of pocket

Income$3,610Out of Pocket$213Mortgage P&I$1,97755%Property Taxes$48113%Insurance$1394%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%

Investment Breakdown

|

Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,400

Closing costs

1%

$3,970

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,823

Mortgage P&I

55%

$1,977

Property Taxes

13%

$481

Home Insurance

4%

$139

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis