REI Lense

REI Lense

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$2,555 (target)

1718 3rd Ave NE, Buffalo, MN 55313

3 beds • 3 baths • 2810 sqft

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This property looks like a bad Long-Term investment with a projected -23.57% first-year return on $172k initial cash invested.

-23.57%

Cash On Cash

1.22%

Cap Rate

0.2

DSCR

$2,555

Rent

-$3,378

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$819k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$172k

Downpayment

20%

$164k

Closing costs

1%

$8,191

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,555

Total Expenses

$5,933

Mortgage P&I

160%

$4,080

Property Taxes

34%

$864

Home Insurance

13%

$324

HOA

0%

$0

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$153

Maintenance

5%

$128

Other

0%

$0

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