REI Lense

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$1,459 (target)

1004 Grand Ave, Johnston City, IL 62951

3 beds • 2 baths • 1536 sqft

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This property might be a fair Long-Term investment with a projected 6.56% first-year return on $29,631 initial cash invested.

6.56%

Cash On Cash

8.09%

Cap Rate

1.33

DSCR

$1,459

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,459 income − $1,297 expenses = $162 cash flow

Income$1,459Mortgage P&I$71649%Property Taxes$15711%Insurance$443%Management$14610%CapEx$735%Vacancy$886%Maintenance$735%Cash Flow$162

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,631

Downpayment

20%

$28,220

Closing costs

1%

$1,411

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,459

Total Expenses

$1,297

Mortgage P&I

49%

$716

Property Taxes

11%

$157

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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