REI Lense

REI Lense

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$4,161 (target)

5825 Decatur Ave N, New Hope, MN 55428

3 beds • 2 baths • 2050 sqft

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This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $97,191 initial cash invested.

4.17%

Cash On Cash

7.53%

Cap Rate

1.27

DSCR

$4,161

Rent

$338

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,191

Downpayment

20%

$75,420

Closing costs

1%

$3,771

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,161

Total Expenses

$3,823

Mortgage P&I

45%

$1,861

Property Taxes

10%

$417

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$458

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