REI Lense

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$1,222 (target)

1502 N Walnut St, Olney, IL 62450

3 beds • 2 baths • 1173 sqft

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This property looks like a bad Long-Term investment with a projected -0.11% first-year return on $31,479 initial cash invested.

-0.11%

Cash On Cash

6.99%

Cap Rate

1.07

DSCR

$1,222

Rent

-$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,222 income − $1,225 expenses = $3 out of pocket

Income$1,222Out of Pocket$3Mortgage P&I$81567%Property Taxes$413%Insurance$524%Management$12210%CapEx$615%Vacancy$736%Maintenance$615%

Investment Breakdown

|

Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,222

Total Expenses

$1,225

Mortgage P&I

67%

$815

Property Taxes

3%

$41

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$122

CapEx

5%

$61

Vacancy

6%

$73

Maintenance

5%

$61

Other

0%

$0

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