REI Lense

REI Lense

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$1,396 (target)

909 7th Ave N, Saint Cloud, MN 56303

3 beds • 2 baths • 2226 sqft

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This property could be a profitable Long-Term investment with a projected 15.29% first-year return on $22,050 initial cash invested.

15.29%

Cash On Cash

10.05%

Cap Rate

1.66

DSCR

$1,396

Rent

$281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,050

Downpayment

20%

$21,000

Closing costs

1%

$1,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,396

Total Expenses

$1,115

Mortgage P&I

38%

$528

Property Taxes

13%

$186

Home Insurance

3%

$37

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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