REI Lense

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$2,505 (target)

19378 Pirz Lake Rd, Paynesville, MN 56362

3 beds • 2 baths • 1424 sqft

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This property looks like a bad Mid-Term investment with a projected -1.47% first-year return on $79,908 initial cash invested.

-1.47%

Cash On Cash

5.98%

Cap Rate

1

DSCR

$2,505

Rent

-$98

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,505 income − $2,603 expenses = $98 out of pocket

Income$2,505Out of Pocket$98Mortgage P&I$1,46859%Property Taxes$1787%Insurance$1054%Management$30112%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27611%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,908

Downpayment

20%

$58,960

Closing costs

1%

$2,948

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,505

Total Expenses

$2,603

Mortgage P&I

59%

$1,468

Property Taxes

7%

$178

Home Insurance

4%

$105

HOA

0%

$0

Property Management

12%

$301

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$276

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