REI Lense

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$2,172 (target)

857 86th Ave NW, Coon Rapids, MN 55433

3 beds • 2 baths • 2014 sqft

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This property looks like a bad Long-Term investment with a projected -7.7% first-year return on $70,140 initial cash invested.

-7.7%

Cash On Cash

4.69%

Cap Rate

0.79

DSCR

$2,172

Rent

-$450

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,172 income − $2,622 expenses = $450 out of pocket

Income$2,172Out of Pocket$450Mortgage P&I$1,64576%Property Taxes$29514%Insurance$1175%Management$21710%CapEx$1095%Vacancy$1306%Maintenance$1095%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,140

Downpayment

20%

$66,800

Closing costs

1%

$3,340

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,172

Total Expenses

$2,622

Mortgage P&I

76%

$1,645

Property Taxes

14%

$295

Home Insurance

5%

$117

HOA

0%

$0

Property Management

10%

$217

CapEx

5%

$109

Vacancy

6%

$130

Maintenance

5%

$109

Other

0%

$0

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