REI Lense

REI Lense

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$1,660 (target)

1306 Monroe Ave, Johnston City, IL 62951

3 beds • 2 baths • 2174 sqft

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This property could be a profitable Long-Term investment with a projected 17.56% first-year return on $23,163 initial cash invested.

17.56%

Cash On Cash

11.04%

Cap Rate

1.71

DSCR

$1,660

Rent

$339

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,660 income − $1,321 expenses = $339 cash flow

Income$1,660Mortgage P&I$59336%Property Taxes$22413%Insurance$724%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%Cash Flow$339

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,163

Downpayment

20%

$22,060

Closing costs

1%

$1,103

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,660

Total Expenses

$1,321

Mortgage P&I

36%

$593

Property Taxes

13%

$224

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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