REI Lense

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$3,184 (target)

2710 Red Splendor Cir E, Maplewood, MN 55119

3 beds • 3 baths • 2888 sqft

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This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $111k initial cash invested.

-11.72%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$3,184

Rent

-$1,079

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,184 income − $4,263 expenses = $1,079 out of pocket

Income$3,184Out of Pocket$1,079Mortgage P&I$2,62082%Property Taxes$59119%Insurance$1866%HOA$391%Management$31810%CapEx$1595%Vacancy$1916%Maintenance$1595%

Investment Breakdown

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Purchase Price

$526k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$105k

Closing costs

1%

$5,262

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,184

Total Expenses

$4,263

Mortgage P&I

82%

$2,620

Property Taxes

19%

$591

Home Insurance

6%

$186

HOA

1%

$39

Property Management

10%

$318

CapEx

5%

$159

Vacancy

6%

$191

Maintenance

5%

$159

Other

0%

$0

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