REI Lense

REI Lense

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$2,781 (target)

10526 Altgeld St, Melrose Park, IL 60164

3 beds • 3 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -8.33% first-year return on $77,637 initial cash invested.

-8.33%

Cash On Cash

4.75%

Cap Rate

0.79

DSCR

$2,781

Rent

-$539

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,781 income − $3,320 expenses = $539 out of pocket

Income$2,781Out of Pocket$539Mortgage P&I$1,86367%Property Taxes$60322%Insurance$1315%Management$27810%CapEx$1395%Vacancy$1676%Maintenance$1395%

Investment Breakdown

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Purchase Price

$370k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,637

Downpayment

20%

$73,940

Closing costs

1%

$3,697

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,781

Total Expenses

$3,320

Mortgage P&I

67%

$1,863

Property Taxes

22%

$603

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$278

CapEx

5%

$139

Vacancy

6%

$167

Maintenance

5%

$139

Other

0%

$0

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