REI Lense

REI Lense

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$3,142 (target)

24014 113th St NW, Zimmerman, MN 55398

3 beds • 3 baths • 3380 sqft

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This property looks like a bad Long-Term investment with a projected -15.82% first-year return on $133k initial cash invested.

-15.82%

Cash On Cash

3.2%

Cap Rate

0.51

DSCR

$3,142

Rent

-$1,749

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,142 income − $4,891 expenses = $1,749 out of pocket

Income$3,142Out of Pocket$1,749Mortgage P&I$3,275104%Property Taxes$54517%Insurance$2548%Management$31410%CapEx$1575%Vacancy$1896%Maintenance$1575%

Investment Breakdown

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Purchase Price

$632k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$126k

Closing costs

1%

$6,318

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,142

Total Expenses

$4,891

Mortgage P&I

104%

$3,275

Property Taxes

17%

$545

Home Insurance

8%

$254

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$189

Maintenance

5%

$157

Other

0%

$0

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