REI Lense

REI Lense

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$2,822 (target)

360 117th Ave NW, Coon Rapids, MN 55448

3 beds • 2 baths • 2406 sqft

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This property looks like a bad Long-Term investment with a projected -7.75% first-year return on $86,436 initial cash invested.

-7.75%

Cash On Cash

5.08%

Cap Rate

0.81

DSCR

$2,822

Rent

-$558

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,822 income − $3,380 expenses = $558 out of pocket

Income$2,822Out of Pocket$558Mortgage P&I$2,15876%Property Taxes$34512%Insurance$1445%Management$28210%CapEx$1415%Vacancy$1696%Maintenance$1415%

Investment Breakdown

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Purchase Price

$412k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,436

Downpayment

20%

$82,320

Closing costs

1%

$4,116

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,822

Total Expenses

$3,380

Mortgage P&I

76%

$2,158

Property Taxes

12%

$345

Home Insurance

5%

$144

HOA

0%

$0

Property Management

10%

$282

CapEx

5%

$141

Vacancy

6%

$169

Maintenance

5%

$141

Other

0%

$0

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