REI Lense

REI Lense

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$3,489 (target)

4327 W 5th St, Duluth, MN 55807

3 beds • 3 baths • 2695 sqft

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This property might be a fair Mid-Term investment with a projected 5.11% first-year return on $83,835 initial cash invested.

5.11%

Cash On Cash

7.71%

Cap Rate

1.33

DSCR

$3,489

Rent

$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$314k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,835

Downpayment

20%

$62,700

Closing costs

1%

$3,135

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,489

Total Expenses

$3,132

Mortgage P&I

43%

$1,517

Property Taxes

9%

$315

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$419

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$384

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