REI Lense

REI Lense

Unlock all features! Tap here to upgrade

949 Rice St, Faribault, MN 55021

3 beds • 3 baths • 3092 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.75% first-year return on $87,426 initial cash invested.

-4.75%

Cash On Cash

4.91%

Cap Rate

0.85

DSCR

$2,660

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,660 income − $3,006 expenses = $346 out of pocket

Income$2,660Out of Pocket$346Mortgage P&I$1,59260%Property Taxes$5Insurance$1335%Management$39915%CapEx$1064%Maintenance$1064%Other$66525%

Investment Breakdown

|

Purchase Price

$331k

Downpayment

20.0%

Interest Rate

6.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,426

Downpayment

20%

$66,120

Closing costs

1%

$3,306

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,660

Total Expenses

$3,006

Mortgage P&I

60%

$1,592

Property Taxes

0%

$5

Home Insurance

5%

$133

HOA

0%

$0

Property Management

15%

$399

CapEx

4%

$106

Vacancy

0%

$0

Maintenance

4%

$106

Other

25%

$665

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis