REI Lense

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$2,036 (target)

3141 Hillsboro Ave N, New Hope, MN 55427

3 beds • 3 baths • 1942 sqft

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This property looks like a bad Long-Term investment with a projected -15.31% first-year return on $83,727 initial cash invested.

-15.31%

Cash On Cash

3.14%

Cap Rate

0.52

DSCR

$2,036

Rent

-$1,068

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,036 income − $3,104 expenses = $1,068 out of pocket

Income$2,036Out of Pocket$1,068Mortgage P&I$2,00899%Property Taxes$42621%Insurance$1407%Management$20410%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$399k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,727

Downpayment

20%

$79,740

Closing costs

1%

$3,987

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,036

Total Expenses

$3,104

Mortgage P&I

99%

$2,008

Property Taxes

21%

$426

Home Insurance

7%

$140

HOA

0%

$0

Property Management

10%

$204

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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