REI Lense

REI Lense

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$3,818 (target)

17076 Forfar Ct, Farmington, MN 55024

3 beds • 2 baths • 2741 sqft

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This property might be a fair Mid-Term investment with a projected 0.86% first-year return on $100k initial cash invested.

0.86%

Cash On Cash

6.56%

Cap Rate

1.12

DSCR

$3,818

Rent

$72

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,200

Closing costs

1%

$3,910

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,818

Total Expenses

$3,746

Mortgage P&I

50%

$1,913

Property Taxes

10%

$398

Home Insurance

4%

$136

HOA

0%

$0

Property Management

12%

$458

CapEx

4%

$153

Vacancy

3%

$115

Maintenance

4%

$153

Other

11%

$420

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