REI Lense

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$2,361 (target)

1329 Glacier Dr, Byron, IL 61010

3 beds • 2 baths • 1789 sqft

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This property looks like a bad Mid-Term investment with a projected -4.92% first-year return on $92,767 initial cash invested.

-4.92%

Cash On Cash

5.01%

Cap Rate

0.84

DSCR

$2,361

Rent

-$380

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,361 income − $2,741 expenses = $380 out of pocket

Income$2,361Out of Pocket$380Mortgage P&I$1,77275%Property Taxes$422%Insurance$1255%Management$28312%CapEx$944%Vacancy$713%Maintenance$944%Other$26011%

Investment Breakdown

|

Purchase Price

$356k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,767

Downpayment

20%

$71,207

Closing costs

1%

$3,560

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,361

Total Expenses

$2,741

Mortgage P&I

75%

$1,772

Property Taxes

2%

$42

Home Insurance

5%

$125

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$260

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