REI Lense

REI Lense

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$3,264 (target)

36921 Elk Ave, North Branch, MN 55056

3 beds • 2 baths • 2383 sqft

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This property looks like a bad Mid-Term investment with a projected -5.36% first-year return on $108k initial cash invested.

-5.36%

Cash On Cash

4.88%

Cap Rate

0.83

DSCR

$3,264

Rent

-$484

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$430k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$85,980

Closing costs

1%

$4,299

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,264

Total Expenses

$3,748

Mortgage P&I

64%

$2,103

Property Taxes

12%

$384

Home Insurance

5%

$150

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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