REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,963 (target)

3121 22nd St E, Minneapolis, MN 55406

3 beds • 2 baths • 2499 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.9% first-year return on $122k initial cash invested.

-5.9%

Cash On Cash

4.97%

Cap Rate

0.82

DSCR

$3,963

Rent

-$600

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,963 income − $4,563 expenses = $600 out of pocket

Income$3,963Out of Pocket$600Mortgage P&I$2,49363%Property Taxes$54814%Insurance$1734%Management$47612%CapEx$1594%Vacancy$1193%Maintenance$1594%Other$43611%

Investment Breakdown

|

Purchase Price

$495k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$122k

Downpayment

20%

$99,000

Closing costs

1%

$4,950

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,963

Total Expenses

$4,563

Mortgage P&I

63%

$2,493

Property Taxes

14%

$548

Home Insurance

4%

$173

HOA

0%

$0

Property Management

12%

$476

CapEx

4%

$159

Vacancy

3%

$119

Maintenance

4%

$159

Other

11%

$436

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis