REI Lense

REI Lense

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$2,039 (target)

229 W Pleasant St, Mankato, MN 56001

3 beds • 2 baths • 1967 sqft

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This property looks like a bad Long-Term investment with a projected -0.8% first-year return on $52,500 initial cash invested.

-0.8%

Cash On Cash

6.65%

Cap Rate

1.05

DSCR

$2,039

Rent

-$35

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,039 income − $2,074 expenses = $35 out of pocket

Income$2,039Out of Pocket$35Mortgage P&I$1,31965%Property Taxes$1377%Insurance$884%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,039

Total Expenses

$2,074

Mortgage P&I

65%

$1,319

Property Taxes

7%

$137

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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