REI Lense

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$2,536 (target)

6316 113th Pl N, Champlin, MN 55316

3 beds • 2 baths • 1877 sqft

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This property looks like a bad Long-Term investment with a projected -8.3% first-year return on $81,060 initial cash invested.

-8.3%

Cash On Cash

4.65%

Cap Rate

0.78

DSCR

$2,536

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,536 income − $3,097 expenses = $561 out of pocket

Income$2,536Out of Pocket$561Mortgage P&I$1,93076%Property Taxes$37215%Insurance$1355%Management$25410%CapEx$1275%Vacancy$1526%Maintenance$1275%

Investment Breakdown

|

Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$81,060

Downpayment

20%

$77,200

Closing costs

1%

$3,860

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,536

Total Expenses

$3,097

Mortgage P&I

76%

$1,930

Property Taxes

15%

$372

Home Insurance

5%

$135

HOA

0%

$0

Property Management

10%

$254

CapEx

5%

$127

Vacancy

6%

$152

Maintenance

5%

$127

Other

0%

$0

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