REI Lense

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$5,040 (target)

513 4th St SW, Saint Michael, MN 55376

3 beds • 2 baths • 1908 sqft

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This property could be a profitable Mid-Term investment with a projected 21.26% first-year return on $82,281 initial cash invested.

21.26%

Cash On Cash

12.26%

Cap Rate

2.13

DSCR

$5,040

Rent

$1,458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,281

Downpayment

20%

$61,220

Closing costs

1%

$3,061

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$5,040

Total Expenses

$3,582

Mortgage P&I

29%

$1,468

Property Taxes

6%

$295

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$605

CapEx

4%

$202

Vacancy

3%

$151

Maintenance

4%

$202

Other

11%

$554

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