REI Lense

REI Lense

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$1,457 (target)

1303 Hazel Ln, Johnston City, IL 62951

3 beds • 2 baths • 1460 sqft

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This property looks like a bad Long-Term investment with a projected -11.11% first-year return on $40,299 initial cash invested.

-11.11%

Cash On Cash

4.53%

Cap Rate

0.71

DSCR

$1,457

Rent

-$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,457 income − $1,830 expenses = $373 out of pocket

Income$1,457Out of Pocket$373Mortgage P&I$1,02470%Property Taxes$35825%Insurance$695%Management$14610%CapEx$735%Vacancy$876%Maintenance$735%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,299

Downpayment

20%

$38,380

Closing costs

1%

$1,919

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,457

Total Expenses

$1,830

Mortgage P&I

70%

$1,024

Property Taxes

25%

$358

Home Insurance

5%

$69

HOA

0%

$0

Property Management

10%

$146

CapEx

5%

$73

Vacancy

6%

$87

Maintenance

5%

$73

Other

0%

$0

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