REI Lense

REI Lense

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$4,461 (target)

3828 11th Ave S, Minneapolis, MN 55407

3 beds • 2 baths • 2400 sqft

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This property might be a fair Mid-Term investment with a projected 5.76% first-year return on $97,128 initial cash invested.

5.76%

Cash On Cash

8.11%

Cap Rate

1.34

DSCR

$4,461

Rent

$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,128

Downpayment

20%

$75,360

Closing costs

1%

$3,768

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,461

Total Expenses

$3,995

Mortgage P&I

43%

$1,901

Property Taxes

10%

$447

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$535

CapEx

4%

$178

Vacancy

3%

$134

Maintenance

4%

$178

Other

11%

$491

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