REI Lense

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$2,666 (target)

20 Mitchell Dr, Faribault, MN 55021

3 beds • 2 baths • 2184 sqft

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This property looks like a bad Mid-Term investment with a projected -5.63% first-year return on $94,629 initial cash invested.

-5.63%

Cash On Cash

4.82%

Cap Rate

0.81

DSCR

$2,666

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,666 income − $3,110 expenses = $444 out of pocket

Income$2,666Out of Pocket$444Mortgage P&I$1,80468%Property Taxes$27110%Insurance$1285%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%

Investment Breakdown

|

Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,629

Downpayment

20%

$72,980

Closing costs

1%

$3,649

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,666

Total Expenses

$3,110

Mortgage P&I

68%

$1,804

Property Taxes

10%

$271

Home Insurance

5%

$128

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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