REI Lense

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$4,522 (target)

1365 Colorado Ave, Aurora, IL 60506

3 beds • 3 baths • 2383 sqft

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This property might be a fair Mid-Term investment with a projected 3.75% first-year return on $96,540 initial cash invested.

3.75%

Cash On Cash

7.58%

Cap Rate

1.26

DSCR

$4,522

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,522 income − $4,220 expenses = $302 cash flow

Income$4,522Mortgage P&I$1,87942%Property Taxes$67215%Insurance$1313%Management$54312%CapEx$1814%Vacancy$1363%Maintenance$1814%Other$49711%Cash Flow$302

Investment Breakdown

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Purchase Price

$374k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,540

Downpayment

20%

$74,800

Closing costs

1%

$3,740

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,522

Total Expenses

$4,220

Mortgage P&I

42%

$1,879

Property Taxes

15%

$672

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$543

CapEx

4%

$181

Vacancy

3%

$136

Maintenance

4%

$181

Other

11%

$497

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