REI Lense

REI Lense

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$1,615 (target)

6699 313th Ave NE, North Branch, MN 55056

3 beds • 3 baths • 3356 sqft

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This property looks like a bad Long-Term investment with a projected -27.53% first-year return on $144k initial cash invested.

-27.53%

Cash On Cash

0.49%

Cap Rate

0.08

DSCR

$1,615

Rent

-$3,307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,615 income − $4,922 expenses = $3,307 out of pocket

Income$1,615Out of Pocket$3,307Mortgage P&I$3,508217%Property Taxes$73145%Insurance$26216%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

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Purchase Price

$686k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$144k

Downpayment

20%

$137k

Closing costs

1%

$6,864

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,615

Total Expenses

$4,922

Mortgage P&I

217%

$3,508

Property Taxes

45%

$731

Home Insurance

16%

$262

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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