REI Lense

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$2,467 (target)

17040 Glencoe Ave, Lakeville, MN 55044

3 beds • 3 baths • 1816 sqft

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This property looks like a bad Long-Term investment with a projected -6.98% first-year return on $78,687 initial cash invested.

-6.98%

Cash On Cash

4.87%

Cap Rate

0.82

DSCR

$2,467

Rent

-$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,467 income − $2,925 expenses = $458 out of pocket

Income$2,467Out of Pocket$458Mortgage P&I$1,85775%Property Taxes$29612%Insurance$1315%Management$24710%CapEx$1235%Vacancy$1486%Maintenance$1235%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,687

Downpayment

20%

$74,940

Closing costs

1%

$3,747

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,467

Total Expenses

$2,925

Mortgage P&I

75%

$1,857

Property Taxes

12%

$296

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$247

CapEx

5%

$123

Vacancy

6%

$148

Maintenance

5%

$123

Other

0%

$0

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