REI Lense

REI Lense

Unlock all features! Tap here to upgrade

759 Trout Lake Rd, Grand Rapids, MN 55744

3 beds • 2 baths • 2008 sqft

Email

This property looks like a bad Airbnb investment with a projected -1.45% first-year return on $73,650 initial cash invested.

-1.45%

Cash On Cash

6%

Cap Rate

1.02

DSCR

$2,878

Rent

-$89

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,878 income − $2,967 expenses = $89 out of pocket

Income$2,878Out of Pocket$89Mortgage P&I$1,29845%Property Taxes$1947%Insurance$933%Management$43215%CapEx$1154%Maintenance$1154%Other$72025%

Investment Breakdown

|

Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,878

Total Expenses

$2,967

Mortgage P&I

45%

$1,298

Property Taxes

7%

$194

Home Insurance

3%

$93

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$720

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis