REI Lense

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$2,520 (target)

5583 Legend Ln, Brainerd, MN 56401

3 beds • 2 baths • 2240 sqft

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This property looks like a bad Mid-Term investment with a projected -8.69% first-year return on $112k initial cash invested.

-8.69%

Cash On Cash

3.85%

Cap Rate

0.67

DSCR

$2,520

Rent

-$815

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,980

Closing costs

1%

$4,499

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,520

Total Expenses

$3,335

Mortgage P&I

86%

$2,157

Property Taxes

6%

$163

Home Insurance

6%

$158

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$277

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