REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,530 (target)

9109 Erickson Ct N, Brooklyn Park, MN 55428

3 beds • 2 baths • 1604 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.64% first-year return on $74,277 initial cash invested.

-6.64%

Cash On Cash

5.03%

Cap Rate

0.84

DSCR

$2,530

Rent

-$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,530 income − $2,941 expenses = $411 out of pocket

Income$2,530Out of Pocket$411Mortgage P&I$1,76870%Property Taxes$39416%Insurance$1225%Management$25310%CapEx$1265%Vacancy$1526%Maintenance$1265%

Investment Breakdown

|

Purchase Price

$354k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,277

Downpayment

20%

$70,740

Closing costs

1%

$3,537

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,530

Total Expenses

$2,941

Mortgage P&I

70%

$1,768

Property Taxes

16%

$394

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$253

CapEx

5%

$126

Vacancy

6%

$152

Maintenance

5%

$126

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis