REI Lense

REI Lense

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$1,102 (target)

202 N Ln, Albert Lea, MN 56007

3 beds • 3 baths • 2911 sqft

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This property looks like a bad Long-Term investment with a projected -23.09% first-year return on $68,250 initial cash invested.

-23.09%

Cash On Cash

1.41%

Cap Rate

0.23

DSCR

$1,102

Rent

-$1,313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,102 income − $2,415 expenses = $1,313 out of pocket

Income$1,102Out of Pocket$1,313Mortgage P&I$1,639149%Property Taxes$37634%Insurance$11410%Management$11010%CapEx$555%Vacancy$666%Maintenance$555%

Investment Breakdown

|

Purchase Price

$325k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,250

Downpayment

20%

$65,000

Closing costs

1%

$3,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,102

Total Expenses

$2,415

Mortgage P&I

149%

$1,639

Property Taxes

34%

$376

Home Insurance

10%

$114

HOA

0%

$0

Property Management

10%

$110

CapEx

5%

$55

Vacancy

6%

$66

Maintenance

5%

$55

Other

0%

$0

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