REI Lense

REI Lense

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$2,454 (target)

17585 S Crystal Springs Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 1349 sqft

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This property looks like a bad Long-Term investment with a projected -19.03% first-year return on $164k initial cash invested.

-19.03%

Cash On Cash

2.03%

Cap Rate

0.35

DSCR

$2,454

Rent

-$2,597

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$780k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$164k

Downpayment

20%

$156k

Closing costs

1%

$7,798

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,454

Total Expenses

$5,051

Mortgage P&I

154%

$3,790

Property Taxes

14%

$343

Home Insurance

11%

$280

HOA

0%

$0

Property Management

10%

$245

CapEx

5%

$123

Vacancy

6%

$147

Maintenance

5%

$123

Other

0%

$0

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