REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,325 (target)

21950 733rd Ave, Albert Lea, MN 56007

3 beds • 3 baths • 1644 sqft

Email

This property looks like a bad Mid-Term investment with a projected -7.32% first-year return on $86,502 initial cash invested.

-7.32%

Cash On Cash

4.53%

Cap Rate

0.74

DSCR

$2,325

Rent

-$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,325 income − $2,853 expenses = $528 out of pocket

Income$2,325Out of Pocket$528Mortgage P&I$1,66772%Property Taxes$27612%Insurance$1195%Management$27912%CapEx$934%Vacancy$703%Maintenance$934%Other$25611%

Investment Breakdown

|

Purchase Price

$326k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,502

Downpayment

20%

$65,240

Closing costs

1%

$3,262

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,325

Total Expenses

$2,853

Mortgage P&I

72%

$1,667

Property Taxes

12%

$276

Home Insurance

5%

$119

HOA

0%

$0

Property Management

12%

$279

CapEx

4%

$93

Vacancy

3%

$70

Maintenance

4%

$93

Other

11%

$256

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis