REI Lense

REI Lense

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$3,378 (target)

3367 Xylon Ave N, New Hope, MN 55427

3 beds • 2 baths • 2362 sqft

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This property might be a fair Mid-Term investment with a projected 4.49% first-year return on $80,979 initial cash invested.

4.49%

Cash On Cash

7.58%

Cap Rate

1.3

DSCR

$3,378

Rent

$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,979

Downpayment

20%

$59,980

Closing costs

1%

$2,999

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,378

Total Expenses

$3,075

Mortgage P&I

43%

$1,457

Property Taxes

11%

$365

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$372

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