REI Lense

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$4,713 (target)

24014 113th St NW, Zimmerman, MN 55398

3 beds • 3 baths • 3380 sqft

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This property looks like a bad Mid-Term investment with a projected -7.68% first-year return on $151k initial cash invested.

-7.68%

Cash On Cash

4.75%

Cap Rate

0.76

DSCR

$4,713

Rent

-$964

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,713 income − $5,677 expenses = $964 out of pocket

Income$4,713Out of Pocket$964Mortgage P&I$3,27569%Property Taxes$54512%Insurance$2545%Management$56612%CapEx$1894%Vacancy$1413%Maintenance$1894%Other$51811%

Investment Breakdown

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Purchase Price

$632k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$151k

Downpayment

20%

$126k

Closing costs

1%

$6,318

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,713

Total Expenses

$5,677

Mortgage P&I

69%

$3,275

Property Taxes

12%

$545

Home Insurance

5%

$254

HOA

0%

$0

Property Management

12%

$566

CapEx

4%

$189

Vacancy

3%

$141

Maintenance

4%

$189

Other

11%

$518

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