REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,802 (target)

1950 Knollwood Dr, Fairmont, MN 56031

3 beds • 3 baths • 2234 sqft

Email

This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $74,700 initial cash invested.

1.45%

Cash On Cash

6.98%

Cap Rate

1.15

DSCR

$2,802

Rent

$90

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,802 income − $2,712 expenses = $90 cash flow

Income$2,802Mortgage P&I$1,36949%Property Taxes$29711%Insurance$943%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$90

Investment Breakdown

|

Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,700

Downpayment

20%

$54,000

Closing costs

1%

$2,700

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,802

Total Expenses

$2,712

Mortgage P&I

49%

$1,369

Property Taxes

11%

$297

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis