REI Lense

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$2,238 (target)

12365 Lakeview Rd, Mount Vernon, IL 62864

3 beds • 4 baths • 3062 sqft

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This property looks like a bad Mid-Term investment with a projected -7.01% first-year return on $70,500 initial cash invested.

-7.01%

Cash On Cash

4.81%

Cap Rate

0.76

DSCR

$2,238

Rent

-$412

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $2,650 expenses = $412 out of pocket

Income$2,238Out of Pocket$412Mortgage P&I$1,32459%Property Taxes$47621%Insurance$884%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,238

Total Expenses

$2,650

Mortgage P&I

59%

$1,324

Property Taxes

21%

$476

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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