REI Lense

REI Lense

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$1,891 (target)

33660 368th Pl, Aitkin, MN 56431

3 beds • 3 baths • 3048 sqft

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This property looks like a bad Long-Term investment with a projected -19.79% first-year return on $134k initial cash invested.

-19.79%

Cash On Cash

1.92%

Cap Rate

0.33

DSCR

$1,891

Rent

-$2,213

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$639k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$134k

Downpayment

20%

$128k

Closing costs

1%

$6,390

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,891

Total Expenses

$4,104

Mortgage P&I

166%

$3,138

Property Taxes

13%

$250

Home Insurance

12%

$224

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$95

Vacancy

6%

$113

Maintenance

5%

$95

Other

0%

$0

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