REI Lense

REI Lense

Unlock all features! Tap here to upgrade

35392 N Moose Point Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 1344 sqft

Email

This property looks like a bad Airbnb investment with a projected -19.47% first-year return on $154k initial cash invested.

-19.47%

Cash On Cash

1.57%

Cap Rate

0.26

DSCR

$2,789

Rent

-$2,504

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,789 income − $5,293 expenses = $2,504 out of pocket

Income$2,789Out of Pocket$2,504Mortgage P&I$3,240116%Property Taxes$48117%Insurance$2338%Management$41815%CapEx$1124%Maintenance$1124%Other$69725%

Investment Breakdown

|

Purchase Price

$649k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$154k

Downpayment

20%

$130k

Closing costs

1%

$6,491

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,789

Total Expenses

$5,293

Mortgage P&I

116%

$3,240

Property Taxes

17%

$481

Home Insurance

8%

$233

HOA

0%

$0

Property Management

15%

$418

CapEx

4%

$112

Vacancy

0%

$0

Maintenance

4%

$112

Other

25%

$697

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis