REI Lense

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$1,466 (target)

1546 Meadowbrook Ln, Freeport, IL 61032

3 beds • 2 baths • 1868 sqft

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This property looks like a bad Long-Term investment with a projected -8.71% first-year return on $37,905 initial cash invested.

-8.71%

Cash On Cash

5.18%

Cap Rate

0.79

DSCR

$1,466

Rent

-$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,466 income − $1,741 expenses = $275 out of pocket

Income$1,466Out of Pocket$275Mortgage P&I$98167%Property Taxes$31421%Insurance$654%Management$14710%CapEx$735%Vacancy$886%Maintenance$735%

Investment Breakdown

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Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,905

Downpayment

20%

$36,100

Closing costs

1%

$1,805

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,466

Total Expenses

$1,741

Mortgage P&I

67%

$981

Property Taxes

21%

$314

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$147

CapEx

5%

$73

Vacancy

6%

$88

Maintenance

5%

$73

Other

0%

$0

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