REI Lense

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$1,458 (target)

1103 N Market St, Champaign, IL 61820

3 beds • 2 baths • 1553 sqft

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This property could be a profitable Long-Term investment with a projected 30.41% first-year return on $17,913 initial cash invested.

30.41%

Cash On Cash

13.51%

Cap Rate

2.22

DSCR

$1,458

Rent

$454

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,458 income − $1,004 expenses = $454 cash flow

Income$1,458Mortgage P&I$43330%Property Taxes$15210%Insurance$403%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%Cash Flow$454

Investment Breakdown

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Purchase Price

$85,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$17,913

Downpayment

20%

$17,060

Closing costs

1%

$853

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,458

Total Expenses

$1,004

Mortgage P&I

30%

$433

Property Taxes

10%

$152

Home Insurance

3%

$40

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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