REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,691 (target)

2614 Piedmont Ave, Duluth, MN 55811

3 beds • 2 baths • 1568 sqft

Email

This property might be a fair Long-Term investment with a projected 4.03% first-year return on $59,829 initial cash invested.

4.03%

Cash On Cash

7.64%

Cap Rate

1.23

DSCR

$2,691

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,691 income − $2,490 expenses = $201 cash flow

Income$2,691Mortgage P&I$1,47855%Property Taxes$2108%Insurance$1024%Management$26910%CapEx$1355%Vacancy$1616%Maintenance$1355%Cash Flow$201

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,691

Total Expenses

$2,490

Mortgage P&I

55%

$1,478

Property Taxes

8%

$210

Home Insurance

4%

$102

HOA

0%

$0

Property Management

10%

$269

CapEx

5%

$135

Vacancy

6%

$161

Maintenance

5%

$135

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis