REI Lense

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$1,510 (target)

1063 N Monroe St, Decatur, IL 62522

3 beds • 2 baths • 1292 sqft

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This property could be a profitable Mid-Term investment with a projected 32.74% first-year return on $26,316 initial cash invested.

32.74%

Cash On Cash

29.67%

Cap Rate

4.87

DSCR

$1,510

Rent

$718

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,510 income − $792 expenses = $718 cash flow

Income$1,510Mortgage P&I$20113%Property Taxes$594%Insurance$201%Management$18112%CapEx$604%Vacancy$453%Maintenance$604%Other$16611%Cash Flow$718

Investment Breakdown

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Purchase Price

$39,600

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,316

Downpayment

20%

$7,920

Closing costs

1%

$396

Rehab

0%

$0

Furnishing

45%

$18,000

Cashflow

Total Income

$1,510

Total Expenses

$792

Mortgage P&I

13%

$201

Property Taxes

4%

$59

Home Insurance

1%

$20

HOA

0%

$0

Property Management

12%

$181

CapEx

4%

$60

Vacancy

3%

$45

Maintenance

4%

$60

Other

11%

$166

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