REI Lense

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$3,080 (target)

6115 Mount Normandale Dr, Bloomington, MN 55438

3 beds • 4 baths • 3756 sqft

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This property looks like a bad Long-Term investment with a projected -18.65% first-year return on $158k initial cash invested.

-18.65%

Cash On Cash

2.36%

Cap Rate

0.39

DSCR

$3,080

Rent

-$2,448

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,080 income − $5,528 expenses = $2,448 out of pocket

Income$3,080Out of Pocket$2,448Mortgage P&I$3,770122%Property Taxes$69523%Insurance$2629%Management$30810%CapEx$1545%Vacancy$1856%Maintenance$1545%

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$158k

Downpayment

20%

$150k

Closing costs

1%

$7,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,080

Total Expenses

$5,528

Mortgage P&I

122%

$3,770

Property Taxes

23%

$695

Home Insurance

9%

$262

HOA

0%

$0

Property Management

10%

$308

CapEx

5%

$154

Vacancy

6%

$185

Maintenance

5%

$154

Other

0%

$0

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