REI Lense

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$2,199 (target)

1001 Sunset Dr, Rock Falls, IL 61071

3 beds • 2 baths • 1876 sqft

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This property might be a fair Mid-Term investment with a projected 4.54% first-year return on $55,779 initial cash invested.

4.54%

Cash On Cash

8.4%

Cap Rate

1.31

DSCR

$2,199

Rent

$211

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,199 income − $1,988 expenses = $211 cash flow

Income$2,199Mortgage P&I$96044%Property Taxes$21510%Insurance$653%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%Cash Flow$211

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,199

Total Expenses

$1,988

Mortgage P&I

44%

$960

Property Taxes

10%

$215

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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