REI Lense

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$1,800 (target)

14 Matterhorn Dr, Glen Carbon, IL 62034

3 beds • 3 baths • 2399 sqft

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This property looks like a bad Long-Term investment with a projected -14.11% first-year return on $66,675 initial cash invested.

-14.11%

Cash On Cash

3.42%

Cap Rate

0.57

DSCR

$1,800

Rent

-$784

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,800 income − $2,584 expenses = $784 out of pocket

Income$1,800Out of Pocket$784Mortgage P&I$1,60089%Property Taxes$40523%Insurance$1116%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

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Purchase Price

$318k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,675

Downpayment

20%

$63,500

Closing costs

1%

$3,175

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,800

Total Expenses

$2,584

Mortgage P&I

89%

$1,600

Property Taxes

23%

$405

Home Insurance

6%

$111

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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