REI Lense

REI Lense

Unlock all features! Tap here to upgrade

2953 9th Ave SE, Willmar, MN 56201

3 beds • 2 baths • 2104 sqft

Email

This property looks like a bad Airbnb investment with a projected -26.31% first-year return on $88,980 initial cash invested.

-26.31%

Cash On Cash

-0.89%

Cap Rate

-0.15

DSCR

$459

Rent

-$1,951

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$459 income − $2,410 expenses = $1,951 out of pocket

Income$459Out of Pocket$1,951Mortgage P&I$1,683367%Property Taxes$25355%Insurance$12026%HOA$13429%Management$6915%CapEx$184%Maintenance$184%Other$11525%

Investment Breakdown

|

Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,980

Downpayment

20%

$67,600

Closing costs

1%

$3,380

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$459

Total Expenses

$2,410

Mortgage P&I

367%

$1,683

Property Taxes

55%

$253

Home Insurance

26%

$120

HOA

29%

$134

Property Management

15%

$69

CapEx

4%

$18

Vacancy

0%

$0

Maintenance

4%

$18

Other

25%

$115

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis