REI Lense

REI Lense

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$3,945 (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 Mid-Term investment with a projected -5.77% first-year return on $128k initial cash invested.

-5.77%

Cash On Cash

4.71%

Cap Rate

0.82

DSCR

$3,945

Rent

-$617

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

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,250

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$3,945

Total Expenses

$4,562

Mortgage P&I

64%

$2,518

Property Taxes

13%

$519

Home Insurance

5%

$184

HOA

0%

$0

Property Management

12%

$473

CapEx

4%

$158

Vacancy

3%

$118

Maintenance

4%

$158

Other

11%

$434

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