REI Lense

REI Lense

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$1,710 (target)

810 10th Ave SE, Austin, MN 55912

3 beds • 2 baths • 1842 sqft

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This property looks like a bad Long-Term investment with a projected -5.41% first-year return on $52,122 initial cash invested.

-5.41%

Cash On Cash

5.31%

Cap Rate

0.88

DSCR

$1,710

Rent

-$235

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$248k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,122

Downpayment

20%

$49,640

Closing costs

1%

$2,482

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,710

Total Expenses

$1,945

Mortgage P&I

73%

$1,247

Property Taxes

10%

$164

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$171

CapEx

5%

$86

Vacancy

6%

$103

Maintenance

5%

$86

Other

0%

$0

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