REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,673 (target)

615 Grace St, Albert Lea, MN 56007

3 beds • 2 baths • 1832 sqft

Email

This property looks like a bad Long-Term investment with a projected -19.19% first-year return on $79,107 initial cash invested.

-19.19%

Cash On Cash

2.37%

Cap Rate

0.39

DSCR

$1,673

Rent

-$1,265

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,673 income − $2,938 expenses = $1,265 out of pocket

Income$1,673Out of Pocket$1,265Mortgage P&I$1,925115%Property Taxes$44226%Insurance$1368%Management$16710%CapEx$845%Vacancy$1006%Maintenance$845%

Investment Breakdown

|

Purchase Price

$377k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,107

Downpayment

20%

$75,340

Closing costs

1%

$3,767

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,673

Total Expenses

$2,938

Mortgage P&I

115%

$1,925

Property Taxes

26%

$442

Home Insurance

8%

$136

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$84

Vacancy

6%

$100

Maintenance

5%

$84

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis