REI Lense

REI Lense

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$2,169 (target)

6738 Knoll St, Golden Valley, MN 55427

3 beds • 2 baths • 1443 sqft

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This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $69,069 initial cash invested.

-9.66%

Cash On Cash

4.41%

Cap Rate

0.73

DSCR

$2,169

Rent

-$556

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,169 income − $2,725 expenses = $556 out of pocket

Income$2,169Out of Pocket$556Mortgage P&I$1,65676%Property Taxes$37817%Insurance$1286%Management$21710%CapEx$1085%Vacancy$1306%Maintenance$1085%

Investment Breakdown

|

Purchase Price

$329k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,069

Downpayment

20%

$65,780

Closing costs

1%

$3,289

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,169

Total Expenses

$2,725

Mortgage P&I

76%

$1,656

Property Taxes

17%

$378

Home Insurance

6%

$128

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$108

Vacancy

6%

$130

Maintenance

5%

$108

Other

0%

$0

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