REI Lense

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$3,934 (target)

8209 Knox Ave S, Bloomington, MN 55431

3 beds • 2 baths • 1964 sqft

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This property looks like a bad Mid-Term investment with a projected -2.18% first-year return on $110k initial cash invested.

-2.18%

Cash On Cash

6.2%

Cap Rate

0.98

DSCR

$3,934

Rent

-$200

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,934 income − $4,134 expenses = $200 out of pocket

Income$3,934Out of Pocket$200Mortgage P&I$2,30459%Property Taxes$3399%Insurance$1544%Management$47212%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43311%

Investment Breakdown

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Purchase Price

$438k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$87,520

Closing costs

1%

$4,376

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,934

Total Expenses

$4,134

Mortgage P&I

59%

$2,304

Property Taxes

9%

$339

Home Insurance

4%

$154

HOA

0%

$0

Property Management

12%

$472

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$433

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