REI Lense

REI Lense

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$826 (target)

1001 SW 7th St, Fairfield, IL 62837

3 beds • 2 baths • 1600 sqft

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This property looks like a bad Long-Term investment with a projected -0.83% first-year return on $20,181 initial cash invested.

-0.83%

Cash On Cash

6.71%

Cap Rate

1.05

DSCR

$826

Rent

-$14

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$826 income − $840 expenses = $14 out of pocket

Income$826Out of Pocket$14Mortgage P&I$51062%Property Taxes$567%Insurance$597%Management$8310%CapEx$415%Vacancy$506%Maintenance$415%

Investment Breakdown

|

Purchase Price

$96,100

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,181

Downpayment

20%

$19,220

Closing costs

1%

$961

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$826

Total Expenses

$840

Mortgage P&I

62%

$510

Property Taxes

7%

$56

Home Insurance

7%

$59

HOA

0%

$0

Property Management

10%

$83

CapEx

5%

$41

Vacancy

6%

$50

Maintenance

5%

$41

Other

0%

$0

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