REI Lense

REI Lense

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$880 (target)

1007 E College Ave, Greenville, IL 62246

3 beds • 2 baths • 1428 sqft

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This property looks like a bad Long-Term investment with a projected -13.8% first-year return on $26,439 initial cash invested.

-13.8%

Cash On Cash

3.97%

Cap Rate

0.62

DSCR

$880

Rent

-$304

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$880 income − $1,184 expenses = $304 out of pocket

Income$880Out of Pocket$304Mortgage P&I$67677%Property Taxes$23427%Insurance$455%Management$8810%CapEx$445%Vacancy$536%Maintenance$445%

Investment Breakdown

|

Purchase Price

$126k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,439

Downpayment

20%

$25,180

Closing costs

1%

$1,259

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$880

Total Expenses

$1,184

Mortgage P&I

77%

$676

Property Taxes

27%

$234

Home Insurance

5%

$45

HOA

0%

$0

Property Management

10%

$88

CapEx

5%

$44

Vacancy

6%

$53

Maintenance

5%

$44

Other

0%

$0

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