REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,927 (target)

8945 Colfax Ave S, Bloomington, MN 55420

3 beds • 2 baths • 2187 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.39% first-year return on $95,784 initial cash invested.

2.39%

Cash On Cash

7.33%

Cap Rate

1.18

DSCR

$3,927

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,927 income − $3,736 expenses = $191 cash flow

Income$3,927Mortgage P&I$1,91449%Property Taxes$3579%Insurance$1303%Management$47112%CapEx$1574%Vacancy$1183%Maintenance$1574%Other$43211%Cash Flow$191

Investment Breakdown

|

Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,784

Downpayment

20%

$74,080

Closing costs

1%

$3,704

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,927

Total Expenses

$3,736

Mortgage P&I

49%

$1,914

Property Taxes

9%

$357

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$471

CapEx

4%

$157

Vacancy

3%

$118

Maintenance

4%

$157

Other

11%

$432

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis