REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

864 Redwood Dr, Fairmont, MN 56031

3 beds • 3 baths • 2214 sqft

Email

This property looks like a bad Long-Term investment with a projected -8.12% first-year return on $40,929 initial cash invested.

-8.12%

Cash On Cash

4.64%

Cap Rate

0.78

DSCR

$1,323

Rent

-$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$195k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,929

Downpayment

20%

$38,980

Closing costs

1%

$1,949

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,323

Total Expenses

$1,600

Mortgage P&I

73%

$964

Property Taxes

17%

$225

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$132

CapEx

5%

$66

Vacancy

6%

$79

Maintenance

5%

$66

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis