The only 'cold-shoe' accessory Range-Finder I have used belonged to Pop's Retinette, and he used to spend HOURS every Christmas peering through it, before having a 'wibble' and going and hunting out a tape-measure! Lol. Unfortunately it didn't make to to my collection with the camera....
Basic principle is same as built-in range-finders; one peep-hole has a second image ported to it from another via a semi-silvered mirror, so you get two over-lapping 'ghost' images in the peep-hole. You twiddle a dial that changes the angle of the mirror in the periscope thing, and bring the two images co-incident to each other. then read off the distance on the knob you twiddled, and set that on the lens. (on more refined 'coupled' range finder cameras, twiddling the range-finder range dial also adjusted lens focus)
Works by simple triangulation, but the short length of the known 'base' between the two range-finder lenses, in relation to the very long focal range, plus usually tiny size of the peep-holes, and contrast of subject,particularly in low light, can make them slightly less accurate; the resolution of the scale on setting dial more so... which is why I suspect 'Pops' used to get so frustrated and go hunt out his DIY tape-measure!
Using Pops scale focus Retinette, or other scale focus cameras, I have done reasonably well, judging focus distance by eye.... For shorter ranges, sort of, "How many times could I lie down between me and subject, then multiply by 6 foot, in my case! Or, are they more than arms length away? If so how many, and times by 3 foot. For longer ranges, I work on cars lengths or parking bays and multiply by 15 feet... Then make a second guesstimate of how close I reckon I may be..... and check the DoF and give myself an aperture to give me maybe 50% or more on my range guess for 'margin'.... can actually work quite well.
Before "Lomo" hijacked the arena, rather like 'Punk' appropriated 'New-Wave/Indie', it was notionally called 'Serendipity-Photography', and similar to New-Wave/Proto-Punk, the philosophy was about getting up and 'just' giving it a go, without being 'too' pretentious about it... (Pretty sure that David Bailey was actually an exponent of it in those days!) seeing what you got with a little guesswork and lucky-accident... unlike "Lomo" that hailed the imperfections as 'effect', slapped a brand-name on it and sold it as 'art'... bit like my eldest in the early naughties coming home in a designer 'skater' outfit, with distressed jeans, pre-grayed T-Shirt and 'trucker' chains, saying "Oy-yam, wot I where, Maaaaaan!" and singing Nirvana's "Come as you are"! oblivious of the irony!
Bailey, ISTR, even pointed out in TV interview, that it was 'daft' spending loads of money on a fancy camera, to then try and be skinny on film NOT taking photo's with it, suggesting 'buy a CHEAP camera, and burn as much film as you can afford, and get 'better' results from practice, not the cheque-book.... or curious notions of 'effect'!
One of the reasons, I used 'cheap' OM10's mostly through the 90's and even cheaper Croatian copy Agfa film, bought in bulk lengths, home loaded and home developed, usually push-processed to whatever film-speed I reckoned appropriate on the day... which some ways I regret....I did get lots of photo's and loads of practice that's for sure.... but I probably wold have done well to get a 'bit' more selective and strategic in a lot of circumstances.... but hey! I got photo's, and I probably wouldn't if I had been more concerned to conserve expensive film!
Lens flare on the Cosmic? Has any-one put a 'protection filter' on it? Could be internal reflections twixt that and a front element. From google mages, actual lens looks reasonably well recessed/shrouded in the lens body... Pop' Retinette has simlarly reasonably well shrouded front element, but he always used a hood when he added filters for B&W... may be worth a squint, but if you can shade with a hand when needed, maybe no biggie.