REI Lense

REI Lense

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$2,394 (target)

5765 150th St SE, Prior Lake, MN 55372

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Long-Term investment with a projected -10.9% first-year return on $91,350 initial cash invested.

-10.9%

Cash On Cash

4.26%

Cap Rate

0.68

DSCR

$2,394

Rent

-$830

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $3,224 expenses = $830 out of pocket

Income$2,394Out of Pocket$830Mortgage P&I$2,25394%Property Taxes$1968%Insurance$1526%Management$23910%CapEx$1205%Vacancy$1446%Maintenance$1205%

Investment Breakdown

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Purchase Price

$435k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,350

Downpayment

20%

$87,000

Closing costs

1%

$4,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,394

Total Expenses

$3,224

Mortgage P&I

94%

$2,253

Property Taxes

8%

$196

Home Insurance

6%

$152

HOA

0%

$0

Property Management

10%

$239

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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