REI Lense

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$3,232 (target)

901 22nd Ave SW, Austin, MN 55912

3 beds • 2 baths • 2176 sqft

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This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $80,202 initial cash invested.

4.56%

Cash On Cash

7.77%

Cap Rate

1.29

DSCR

$3,232

Rent

$305

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,232 income − $2,927 expenses = $305 cash flow

Income$3,232Mortgage P&I$1,48446%Property Taxes$2448%Insurance$1003%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35611%Cash Flow$305

Investment Breakdown

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Purchase Price

$296k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,202

Downpayment

20%

$59,240

Closing costs

1%

$2,962

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,232

Total Expenses

$2,927

Mortgage P&I

46%

$1,484

Property Taxes

8%

$244

Home Insurance

3%

$100

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$356

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