REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,592 (target)

17925 Covington Rd, Minnetonka, MN 55345

3 beds • 2 baths • 1801 sqft

Email

This property looks like a bad Mid-Term investment with a projected -10.06% first-year return on $116k initial cash invested.

-10.06%

Cash On Cash

4.62%

Cap Rate

0.68

DSCR

$3,592

Rent

-$974

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,592 income − $4,566 expenses = $974 out of pocket

Income$3,592Out of Pocket$974Mortgage P&I$2,63173%Property Taxes$52915%Insurance$1845%Management$43112%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39511%

Investment Breakdown

|

Purchase Price

$468k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$93,500

Closing costs

1%

$4,675

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,592

Total Expenses

$4,566

Mortgage P&I

73%

$2,631

Property Taxes

15%

$529

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$431

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$395

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis