REI Lense

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$2,803 (target)

1301 Balmoral Ave, Calumet City, IL 60409

3 beds • 2 baths • 1468 sqft

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This property could be a profitable Long-Term investment with a projected 20.23% first-year return on $36,414 initial cash invested.

20.23%

Cash On Cash

11.75%

Cap Rate

1.8

DSCR

$2,803

Rent

$614

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,803 income − $2,189 expenses = $614 cash flow

Income$2,803Mortgage P&I$94434%Property Taxes$45616%Insurance$612%Management$28010%CapEx$1405%Vacancy$1686%Maintenance$1405%Cash Flow$614

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,414

Downpayment

20%

$34,680

Closing costs

1%

$1,734

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,803

Total Expenses

$2,189

Mortgage P&I

34%

$944

Property Taxes

16%

$456

Home Insurance

2%

$61

HOA

0%

$0

Property Management

10%

$280

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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