REI Lense

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$2,054 (target)

1326 Broadway St, Lincoln, IL 62656

3 beds • 2 baths • 1465 sqft

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This property might be a fair Mid-Term investment with a projected 7.6% first-year return on $50,046 initial cash invested.

7.6%

Cash On Cash

9.5%

Cap Rate

1.49

DSCR

$2,054

Rent

$317

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,054 income − $1,737 expenses = $317 cash flow

Income$2,054Mortgage P&I$80939%Property Taxes$1748%Insurance$563%Management$24612%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%Cash Flow$317

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,046

Downpayment

20%

$30,520

Closing costs

1%

$1,526

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,054

Total Expenses

$1,737

Mortgage P&I

39%

$809

Property Taxes

8%

$174

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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