REI Lense

REI Lense

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$2,630 (target)

9145 13th St NE, Saint Michael, MN 55376

3 beds • 4 baths • 3528 sqft

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This property looks like a bad Long-Term investment with a projected -13.89% first-year return on $110k initial cash invested.

-13.89%

Cash On Cash

3.14%

Cap Rate

0.55

DSCR

$2,630

Rent

-$1,276

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$110k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,630

Total Expenses

$3,906

Mortgage P&I

96%

$2,518

Property Taxes

20%

$519

Home Insurance

7%

$184

HOA

0%

$0

Property Management

10%

$263

CapEx

5%

$132

Vacancy

6%

$158

Maintenance

5%

$132

Other

0%

$0

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