REI Lense

REI Lense

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$2,662 (target)

7941 Girard Ct N, Brooklyn Park, MN 55444

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Long-Term investment with a projected -4.47% first-year return on $73,542 initial cash invested.

-4.47%

Cash On Cash

5.68%

Cap Rate

0.92

DSCR

$2,662

Rent

-$274

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,662 income − $2,936 expenses = $274 out of pocket

Income$2,662Out of Pocket$274Mortgage P&I$1,79968%Property Taxes$32312%Insurance$1225%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,542

Downpayment

20%

$70,040

Closing costs

1%

$3,502

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,662

Total Expenses

$2,936

Mortgage P&I

68%

$1,799

Property Taxes

12%

$323

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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