REI Lense

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$2,112 (target)

1423 W Lafayette Ave, Jacksonville, IL 62650

3 beds • 3 baths • 1827 sqft

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This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $53,259 initial cash invested.

5.36%

Cash On Cash

8.78%

Cap Rate

1.36

DSCR

$2,112

Rent

$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,112 income − $1,874 expenses = $238 cash flow

Income$2,112Mortgage P&I$90643%Property Taxes$1939%Insurance$593%Management$25312%CapEx$844%Vacancy$633%Maintenance$844%Other$23211%Cash Flow$238

Investment Breakdown

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Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,259

Downpayment

20%

$33,580

Closing costs

1%

$1,679

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,112

Total Expenses

$1,874

Mortgage P&I

43%

$906

Property Taxes

9%

$193

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$253

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$232

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