REI Lense

REI Lense

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$2,528 (target)

1 Charles Dr, Centralia, IL 62801

3 beds • 2 baths • 1635 sqft

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This property could be a profitable Mid-Term investment with a projected 12% first-year return on $51,579 initial cash invested.

12%

Cash On Cash

11.03%

Cap Rate

1.72

DSCR

$2,528

Rent

$516

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,528 income − $2,012 expenses = $516 cash flow

Income$2,528Mortgage P&I$85334%Property Taxes$24410%Insurance$562%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$516

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,528

Total Expenses

$2,012

Mortgage P&I

34%

$853

Property Taxes

10%

$244

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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