REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

701 E 1st St, Fairmont, MN 56031

3 beds • 2 baths • 2078 sqft

Email

This property could be a profitable Long-Term investment with a projected 11.16% first-year return on $21,189 initial cash invested.

11.16%

Cash On Cash

9.12%

Cap Rate

1.49

DSCR

$1,111

Rent

$197

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$101k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$21,189

Downpayment

20%

$20,180

Closing costs

1%

$1,009

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,111

Total Expenses

$914

Mortgage P&I

46%

$514

Property Taxes

7%

$75

Home Insurance

3%

$35

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis