REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,679 (target)

28294 E Bass Lake Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 1052 sqft

Email

This property looks like a bad Mid-Term investment with a projected -6.32% first-year return on $90,387 initial cash invested.

-6.32%

Cash On Cash

5.37%

Cap Rate

0.81

DSCR

$2,679

Rent

-$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,679 income − $3,155 expenses = $476 out of pocket

Income$2,679Out of Pocket$476Mortgage P&I$1,91271%Property Taxes$2118%Insurance$1225%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,387

Downpayment

20%

$68,940

Closing costs

1%

$3,447

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,679

Total Expenses

$3,155

Mortgage P&I

71%

$1,912

Property Taxes

8%

$211

Home Insurance

5%

$122

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis