REI Lense

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$3,504 (target)

17104 Forbes Ct, Farmington, MN 55024

3 beds • 2 baths • 2688 sqft

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This property looks like a bad Mid-Term investment with a projected -0.55% first-year return on $98,178 initial cash invested.

-0.55%

Cash On Cash

6.22%

Cap Rate

1.05

DSCR

$3,504

Rent

-$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,504 income − $3,549 expenses = $45 out of pocket

Income$3,504Out of Pocket$45Mortgage P&I$1,88354%Property Taxes$34810%Insurance$1284%Management$42012%CapEx$1404%Vacancy$1053%Maintenance$1404%Other$38511%

Investment Breakdown

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Purchase Price

$382k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,178

Downpayment

20%

$76,360

Closing costs

1%

$3,818

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,504

Total Expenses

$3,549

Mortgage P&I

54%

$1,883

Property Taxes

10%

$348

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$420

CapEx

4%

$140

Vacancy

3%

$105

Maintenance

4%

$140

Other

11%

$385

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