REI Lense

REI Lense

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$1,753 (target)

904 14th Ave SE, Austin, MN 55912

3 beds • 2 baths • 1426 sqft

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This property might be a fair Long-Term investment with a projected 2.03% first-year return on $41,916 initial cash invested.

2.03%

Cash On Cash

7.05%

Cap Rate

1.16

DSCR

$1,753

Rent

$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,753 income − $1,682 expenses = $71 cash flow

Income$1,753Mortgage P&I$1,01358%Property Taxes$1438%Insurance$704%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%Cash Flow$71

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,916

Downpayment

20%

$39,920

Closing costs

1%

$1,996

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,753

Total Expenses

$1,682

Mortgage P&I

58%

$1,013

Property Taxes

8%

$143

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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