REI Lense

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$1,239 (target)

1001 SW 7th St, Fairfield, IL 62837

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 6.03% first-year return on $38,181 initial cash invested.

6.03%

Cash On Cash

9.39%

Cap Rate

1.47

DSCR

$1,239

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,239 income − $1,047 expenses = $192 cash flow

Income$1,239Mortgage P&I$51041%Property Taxes$565%Insurance$595%Management$14912%CapEx$504%Vacancy$373%Maintenance$504%Other$13611%Cash Flow$192

Investment Breakdown

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Purchase Price

$96,100

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,181

Downpayment

20%

$19,220

Closing costs

1%

$961

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$1,239

Total Expenses

$1,047

Mortgage P&I

41%

$510

Property Taxes

5%

$56

Home Insurance

5%

$59

HOA

0%

$0

Property Management

12%

$149

CapEx

4%

$50

Vacancy

3%

$37

Maintenance

4%

$50

Other

11%

$136

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