REI Lense

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$2,654 (target)

134 Michael Ln, New Lenox, IL 60451

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -5.79% first-year return on $68,607 initial cash invested.

-5.79%

Cash On Cash

5.26%

Cap Rate

0.88

DSCR

$2,654

Rent

-$331

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,654 income − $2,985 expenses = $331 out of pocket

Income$2,654Out of Pocket$331Mortgage P&I$1,63061%Property Taxes$53420%Insurance$1315%Management$26510%CapEx$1335%Vacancy$1596%Maintenance$1335%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,607

Downpayment

20%

$65,340

Closing costs

1%

$3,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,654

Total Expenses

$2,985

Mortgage P&I

61%

$1,630

Property Taxes

20%

$534

Home Insurance

5%

$131

HOA

0%

$0

Property Management

10%

$265

CapEx

5%

$133

Vacancy

6%

$159

Maintenance

5%

$133

Other

0%

$0

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