REI Lense

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$2,958 (target)

106 Superior Ave, Machesney Park, IL 61115

3 beds • 2 baths • 1565 sqft

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This property might be a fair Mid-Term investment with a projected 8.36% first-year return on $73,650 initial cash invested.

8.36%

Cash On Cash

8.86%

Cap Rate

1.48

DSCR

$2,958

Rent

$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,958 income − $2,445 expenses = $513 cash flow

Income$2,958Mortgage P&I$1,32545%Property Taxes$221%Insurance$933%Management$35512%CapEx$1184%Vacancy$893%Maintenance$1184%Other$32511%Cash Flow$513

Investment Breakdown

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Purchase Price

$265k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,650

Downpayment

20%

$53,000

Closing costs

1%

$2,650

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,958

Total Expenses

$2,445

Mortgage P&I

45%

$1,325

Property Taxes

1%

$22

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$355

CapEx

4%

$118

Vacancy

3%

$89

Maintenance

4%

$118

Other

11%

$325

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