REI Lense

REI Lense

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$1,915 (target)

12737 Honore St, Blue Island, IL 60406

3 beds • 2 baths • 1138 sqft

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This property might be a fair Long-Term investment with a projected 5.22% first-year return on $37,506 initial cash invested.

5.22%

Cash On Cash

7.83%

Cap Rate

1.29

DSCR

$1,915

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,915 income − $1,752 expenses = $163 cash flow

Income$1,915Mortgage P&I$90747%Property Taxes$30416%Insurance$422%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%Cash Flow$163

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,506

Downpayment

20%

$35,720

Closing costs

1%

$1,786

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,915

Total Expenses

$1,752

Mortgage P&I

47%

$907

Property Taxes

16%

$304

Home Insurance

2%

$42

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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