REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,807 (target)

23104 Havelka Ct N, Forest Lake, MN 55025

3 beds • 2 baths • 2192 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $88,851 initial cash invested.

-8.52%

Cash On Cash

4.82%

Cap Rate

0.78

DSCR

$2,807

Rent

-$631

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,807 income − $3,438 expenses = $631 out of pocket

Income$2,807Out of Pocket$631Mortgage P&I$2,19278%Property Taxes$37013%Insurance$1475%Management$28110%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$423k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,851

Downpayment

20%

$84,620

Closing costs

1%

$4,231

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,807

Total Expenses

$3,438

Mortgage P&I

78%

$2,192

Property Taxes

13%

$370

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$281

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis