REI Lense

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$2,963 (target)

4309 Tonkawood Rd, Minnetonka, MN 55345

3 beds • 3 baths • 3228 sqft

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This property looks like a bad Long-Term investment with a projected -20.11% first-year return on $165k initial cash invested.

-20.11%

Cash On Cash

2.08%

Cap Rate

0.34

DSCR

$2,963

Rent

-$2,766

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,963 income − $5,729 expenses = $2,766 out of pocket

Income$2,963Out of Pocket$2,766Mortgage P&I$3,983134%Property Taxes$69623%Insurance$2809%Management$29610%CapEx$1485%Vacancy$1786%Maintenance$1485%

Investment Breakdown

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Purchase Price

$786k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$165k

Downpayment

20%

$157k

Closing costs

1%

$7,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,963

Total Expenses

$5,729

Mortgage P&I

134%

$3,983

Property Taxes

23%

$696

Home Insurance

9%

$280

HOA

0%

$0

Property Management

10%

$296

CapEx

5%

$148

Vacancy

6%

$178

Maintenance

5%

$148

Other

0%

$0

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