REI Lense

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$3,610 (target)

4900 Thomas Ave N, Minneapolis, MN 55430

3 beds • 2 baths • 1904 sqft

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This property might be a fair Mid-Term investment with a projected 9.16% first-year return on $76,254 initial cash invested.

9.16%

Cash On Cash

9.27%

Cap Rate

1.51

DSCR

$3,610

Rent

$582

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $3,028 expenses = $582 cash flow

Income$3,610Mortgage P&I$1,41839%Property Taxes$2828%Insurance$1023%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$582

Investment Breakdown

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Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,254

Downpayment

20%

$55,480

Closing costs

1%

$2,774

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,028

Mortgage P&I

39%

$1,418

Property Taxes

8%

$282

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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