REI Lense

REI Lense

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$3,374 (target)

1722 Nokia Way, Eagan, MN 55122

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Mid-Term investment with a projected -3.21% first-year return on $104k initial cash invested.

-3.21%

Cash On Cash

5.51%

Cap Rate

0.93

DSCR

$3,374

Rent

-$279

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,140

Closing costs

1%

$4,107

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,374

Total Expenses

$3,653

Mortgage P&I

60%

$2,030

Property Taxes

10%

$332

Home Insurance

4%

$144

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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