REI Lense

REI Lense

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$3,627 (target)

5296 83rd Ave N, Brooklyn Park, MN 55443

3 beds • 2 baths • 2240 sqft

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This property might be a fair Mid-Term investment with a projected 5.19% first-year return on $86,943 initial cash invested.

5.19%

Cash On Cash

7.75%

Cap Rate

1.33

DSCR

$3,627

Rent

$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$328k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,943

Downpayment

20%

$65,660

Closing costs

1%

$3,283

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,627

Total Expenses

$3,251

Mortgage P&I

44%

$1,598

Property Taxes

8%

$301

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$399

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