REI Lense

REI Lense

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$1,777 (target)

20 Mitchell Dr, Faribault, MN 55021

3 beds • 2 baths • 2184 sqft

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This property looks like a bad Long-Term investment with a projected -13.92% first-year return on $76,629 initial cash invested.

-13.92%

Cash On Cash

3.3%

Cap Rate

0.56

DSCR

$1,777

Rent

-$889

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,777

Total Expenses

$2,666

Mortgage P&I

102%

$1,804

Property Taxes

15%

$271

Home Insurance

7%

$128

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$107

Maintenance

5%

$89

Other

0%

$0

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