REI Lense

REI Lense

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$1,736 (target)

906 14th St N, Moorhead, MN 56560

3 beds • 2 baths • 1920 sqft

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This property looks like a bad Long-Term investment with a projected -11.28% first-year return on $61,677 initial cash invested.

-11.28%

Cash On Cash

4%

Cap Rate

0.67

DSCR

$1,736

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,677

Downpayment

20%

$58,740

Closing costs

1%

$2,937

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,736

Total Expenses

$2,316

Mortgage P&I

85%

$1,472

Property Taxes

17%

$289

Home Insurance

6%

$103

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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