REI Lense

REI Lense

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$1,775 (target)

105 7th St, Lincoln, IL 62656

3 beds • 2 baths • 1992 sqft

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This property looks like a bad Long-Term investment with a projected -0.27% first-year return on $36,057 initial cash invested.

-0.27%

Cash On Cash

7.11%

Cap Rate

1.09

DSCR

$1,775

Rent

-$8

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,775 income − $1,783 expenses = $8 out of pocket

Income$1,775Out of Pocket$8Mortgage P&I$93753%Property Taxes$33819%Insurance$463%Management$17810%CapEx$895%Vacancy$1066%Maintenance$895%

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,057

Downpayment

20%

$34,340

Closing costs

1%

$1,717

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,775

Total Expenses

$1,783

Mortgage P&I

53%

$937

Property Taxes

19%

$338

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$178

CapEx

5%

$89

Vacancy

6%

$106

Maintenance

5%

$89

Other

0%

$0

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