REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,890 (target)

713 7th Avenue Cir SE, Pelican Rapids, MN 56572

3 beds • 3 baths • 2416 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.9% first-year return on $62,580 initial cash invested.

-8.9%

Cash On Cash

4.43%

Cap Rate

0.75

DSCR

$1,890

Rent

-$464

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$298k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,580

Downpayment

20%

$59,600

Closing costs

1%

$2,980

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,890

Total Expenses

$2,354

Mortgage P&I

78%

$1,470

Property Taxes

15%

$290

Home Insurance

6%

$104

HOA

0%

$0

Property Management

10%

$189

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis