REI Lense

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$2,350 (target)

34278 S Pughole Lake Rd, Grand Rapids, MN 55744

3 beds • 3 baths • 1980 sqft

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This property looks like a bad Long-Term investment with a projected -17.57% first-year return on $133k initial cash invested.

-17.57%

Cash On Cash

2.52%

Cap Rate

0.42

DSCR

$2,350

Rent

-$1,952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,350 income − $4,302 expenses = $1,952 out of pocket

Income$2,350Out of Pocket$1,952Mortgage P&I$3,168135%Property Taxes$29513%Insurance$22710%Management$23510%CapEx$1185%Vacancy$1416%Maintenance$1185%

Investment Breakdown

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Purchase Price

$635k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$127k

Closing costs

1%

$6,348

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,350

Total Expenses

$4,302

Mortgage P&I

135%

$3,168

Property Taxes

13%

$295

Home Insurance

10%

$227

HOA

0%

$0

Property Management

10%

$235

CapEx

5%

$118

Vacancy

6%

$141

Maintenance

5%

$118

Other

0%

$0

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