REI Lense

REI Lense

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$1,488 (target)

1219 6th St, Pawnee, IL 62558

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -9.9% first-year return on $43,512 initial cash invested.

-9.9%

Cash On Cash

4.78%

Cap Rate

0.74

DSCR

$1,488

Rent

-$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $1,847 expenses = $359 out of pocket

Income$1,488Out of Pocket$359Mortgage P&I$1,11175%Property Taxes$27518%Insurance$755%Management$14910%CapEx$745%Vacancy$896%Maintenance$745%

Investment Breakdown

|

Purchase Price

$207k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,512

Downpayment

20%

$41,440

Closing costs

1%

$2,072

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,488

Total Expenses

$1,847

Mortgage P&I

75%

$1,111

Property Taxes

18%

$275

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$74

Vacancy

6%

$89

Maintenance

5%

$74

Other

0%

$0

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