REI Lense

REI Lense

Unlock all features! Tap here to upgrade

804 4th St, Farmington, MN 55024

3 beds • 2 baths • 1220 sqft

Email

This property looks like a bad Airbnb investment with a projected -6.23% first-year return on $71,676 initial cash invested.

-6.23%

Cash On Cash

4.71%

Cap Rate

0.78

DSCR

$2,386

Rent

-$372

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,386 income − $2,758 expenses = $372 out of pocket

Income$2,386Out of Pocket$372Mortgage P&I$1,28054%Property Taxes$23810%Insurance$964%Management$35815%CapEx$954%Maintenance$954%Other$59625%

Investment Breakdown

|

Purchase Price

$256k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,676

Downpayment

20%

$51,120

Closing costs

1%

$2,556

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,386

Total Expenses

$2,758

Mortgage P&I

54%

$1,280

Property Taxes

10%

$238

Home Insurance

4%

$96

HOA

0%

$0

Property Management

15%

$358

CapEx

4%

$95

Vacancy

0%

$0

Maintenance

4%

$95

Other

25%

$596

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis