REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,547 (target)

6245 Irving Ave S, Richfield, MN 55423

3 beds • 3 baths • 2008 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $86,373 initial cash invested.

-11.82%

Cash On Cash

4.2%

Cap Rate

0.67

DSCR

$2,547

Rent

-$851

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,547 income − $3,398 expenses = $851 out of pocket

Income$2,547Out of Pocket$851Mortgage P&I$2,16585%Property Taxes$42817%Insurance$1436%Management$25510%CapEx$1275%Vacancy$1536%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,373

Downpayment

20%

$82,260

Closing costs

1%

$4,113

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,547

Total Expenses

$3,398

Mortgage P&I

85%

$2,165

Property Taxes

17%

$428

Home Insurance

6%

$143

HOA

0%

$0

Property Management

10%

$255

CapEx

5%

$127

Vacancy

6%

$153

Maintenance

5%

$127

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis