REI Lense

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$3,501 (target)

N89W15242 Cleveland AVENUE, Menomonee Falls, WI 53051

3 beds • 2 baths • 1374 sqft

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This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $89,400 initial cash invested.

2.55%

Cash On Cash

7.36%

Cap Rate

1.19

DSCR

$3,501

Rent

$190

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,501 income − $3,311 expenses = $190 cash flow

Income$3,501Mortgage P&I$1,75650%Property Taxes$2467%Insurance$1193%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%Cash Flow$190

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,400

Downpayment

20%

$68,000

Closing costs

1%

$3,400

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,501

Total Expenses

$3,311

Mortgage P&I

50%

$1,756

Property Taxes

7%

$246

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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