REI Lense

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$3,141 (target)

1092 Barbados Dr, Edwardsville, IL 62025

3 beds • 2 baths • 1380 sqft

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This property might be a fair Mid-Term investment with a projected 5.32% first-year return on $72,390 initial cash invested.

5.32%

Cash On Cash

8.12%

Cap Rate

1.34

DSCR

$3,141

Rent

$321

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,141 income − $2,820 expenses = $321 cash flow

Income$3,141Mortgage P&I$1,30642%Property Taxes$2849%Insurance$933%HOA$682%Management$37712%CapEx$1264%Vacancy$943%Maintenance$1264%Other$34611%Cash Flow$321

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$2,820

Mortgage P&I

42%

$1,306

Property Taxes

9%

$284

Home Insurance

3%

$93

HOA

2%

$68

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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