REI Lense

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$1,561 (target)

1416 Scottsdale Dr, Champaign, IL 61821

3 beds • 2 baths • 1408 sqft

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This property looks like a bad Long-Term investment with a projected -8.76% first-year return on $42,315 initial cash invested.

-8.76%

Cash On Cash

5.19%

Cap Rate

0.79

DSCR

$1,561

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,561 income − $1,870 expenses = $309 out of pocket

Income$1,561Out of Pocket$309Mortgage P&I$1,10371%Property Taxes$28818%Insurance$735%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%

Investment Breakdown

|

Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,561

Total Expenses

$1,870

Mortgage P&I

71%

$1,103

Property Taxes

18%

$288

Home Insurance

5%

$73

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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