REI Lense

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$908 (target)

1602 W Freeman St, Carbondale, IL 62901

3 beds • 2 baths • 1593 sqft

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This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $17,850 initial cash invested.

-4.77%

Cash On Cash

5.73%

Cap Rate

0.94

DSCR

$908

Rent

-$71

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$908 income − $979 expenses = $71 out of pocket

Income$908Out of Pocket$71Mortgage P&I$43248%Property Taxes$28231%Insurance$303%Management$9110%CapEx$455%Vacancy$546%Maintenance$455%

Investment Breakdown

|

Purchase Price

$85,000

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$17,850

Downpayment

20%

$17,000

Closing costs

1%

$850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$908

Total Expenses

$979

Mortgage P&I

48%

$432

Property Taxes

31%

$282

Home Insurance

3%

$30

HOA

0%

$0

Property Management

10%

$91

CapEx

5%

$45

Vacancy

6%

$54

Maintenance

5%

$45

Other

0%

$0

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