REI Lense

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$4,149 (target)

9162 Kirkwood Ln N, Maple Grove, MN 55369

3 beds • 2 baths • 1928 sqft

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This property might be a fair Mid-Term investment with a projected 6.21% first-year return on $91,941 initial cash invested.

6.21%

Cash On Cash

8.24%

Cap Rate

1.36

DSCR

$4,149

Rent

$476

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,149 income − $3,673 expenses = $476 cash flow

Income$4,149Mortgage P&I$1,77643%Property Taxes$3659%Insurance$1223%Management$49812%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$476

Investment Breakdown

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Purchase Price

$352k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,941

Downpayment

20%

$70,420

Closing costs

1%

$3,521

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,149

Total Expenses

$3,673

Mortgage P&I

43%

$1,776

Property Taxes

9%

$365

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$498

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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