REI Lense

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$3,302 (target)

816 1st St NW, Rochester, MN 55901

3 beds • 2 baths • 2420 sqft

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This property looks like a bad Mid-Term investment with a projected -7.74% first-year return on $113k initial cash invested.

-7.74%

Cash On Cash

4.46%

Cap Rate

0.74

DSCR

$3,302

Rent

-$729

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,302 income − $4,031 expenses = $729 out of pocket

Income$3,302Out of Pocket$729Mortgage P&I$2,27969%Property Taxes$45814%Insurance$1725%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$453k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,500

Closing costs

1%

$4,525

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,302

Total Expenses

$4,031

Mortgage P&I

69%

$2,279

Property Taxes

14%

$458

Home Insurance

5%

$172

HOA

0%

$0

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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