REI Lense

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$3,388 (target)

20140 Chesterfield Way, Farmington, MN 55024

3 beds • 2 baths • 1632 sqft

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This property looks like a bad Mid-Term investment with a projected -0.61% first-year return on $96,750 initial cash invested.

-0.61%

Cash On Cash

6.16%

Cap Rate

1.05

DSCR

$3,388

Rent

-$49

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,388 income − $3,437 expenses = $49 out of pocket

Income$3,388Out of Pocket$49Mortgage P&I$1,83954%Property Taxes$3139%Insurance$1314%Management$40712%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37311%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,388

Total Expenses

$3,437

Mortgage P&I

54%

$1,839

Property Taxes

9%

$313

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$407

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$373

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