REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,295 (target)

358 E Amber Lake Dr, Fairmont, MN 56031

3 beds • 2 baths • 1140 sqft

Email

This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $55,104 initial cash invested.

-14.83%

Cash On Cash

3.13%

Cap Rate

0.53

DSCR

$1,295

Rent

-$681

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,295 income − $1,976 expenses = $681 out of pocket

Income$1,295Out of Pocket$681Mortgage P&I$1,301100%Property Taxes$24319%Insurance$947%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,104

Downpayment

20%

$52,480

Closing costs

1%

$2,624

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,295

Total Expenses

$1,976

Mortgage P&I

100%

$1,301

Property Taxes

19%

$243

Home Insurance

7%

$94

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis