REI Lense

REI Lense

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$3,777 (target)

4487 374th Ct, North Branch, MN 55056

3 beds • 2 baths • 1974 sqft

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This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $99,816 initial cash invested.

1.98%

Cash On Cash

6.7%

Cap Rate

1.17

DSCR

$3,777

Rent

$165

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,816

Downpayment

20%

$77,920

Closing costs

1%

$3,896

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,777

Total Expenses

$3,612

Mortgage P&I

49%

$1,860

Property Taxes

9%

$347

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$453

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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