REI Lense

REI Lense

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Target property

1609 Lakeview Ter, Jacksonville, IL 62650

3 beds • 2 baths • 1435 sqft

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This property looks like a bad Airbnb investment with a projected -20.18% first-year return on $34,485 initial cash invested.

-20.18%

Cash On Cash

-2.81%

Cap Rate

-0.46

DSCR

$0

Rent

-$580

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $580 expenses = $580 out of pocket

Income$0Out of Pocket$580Mortgage P&I$396Property Taxes$156Insurance$28

Investment Breakdown

|

Purchase Price

$78,500

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,485

Downpayment

20%

$15,700

Closing costs

1%

$785

Rehab

0%

$0

Furnishing

23%

$18,000

Cashflow

Total Income

$0

Total Expenses

$580

Mortgage P&I

3960000%

$396

Property Taxes

1560000%

$156

Home Insurance

280000%

$28

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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