REI Lense

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$2,769 (target)

12000 July Dr, Machesney Park, IL 61115

3 beds • 2 baths • 1187 sqft

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This property might be a fair Mid-Term investment with a projected 4.82% first-year return on $64,431 initial cash invested.

4.82%

Cash On Cash

8.47%

Cap Rate

1.31

DSCR

$2,769

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,769 income − $2,510 expenses = $259 cash flow

Income$2,769Mortgage P&I$1,19043%Property Taxes$32012%Insurance$582%Management$33212%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$259

Investment Breakdown

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Purchase Price

$221k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,431

Downpayment

20%

$44,220

Closing costs

1%

$2,211

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,769

Total Expenses

$2,510

Mortgage P&I

43%

$1,190

Property Taxes

12%

$320

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$332

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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