REI Lense

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$2,136 (target)

1701 Lincoln Ave, Mendota, IL 61342

3 beds • 2 baths • 1332 sqft

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This property could be a profitable Mid-Term investment with a projected 24.11% first-year return on $36,732 initial cash invested.

24.11%

Cash On Cash

17.62%

Cap Rate

2.69

DSCR

$2,136

Rent

$738

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,136 income − $1,398 expenses = $738 cash flow

Income$2,136Mortgage P&I$48723%Property Taxes$1386%Insurance$482%Management$25612%CapEx$854%Vacancy$643%Maintenance$854%Other$23511%Cash Flow$738

Investment Breakdown

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Purchase Price

$89,200

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,732

Downpayment

20%

$17,840

Closing costs

1%

$892

Rehab

0%

$0

Furnishing

20%

$18,000

Cashflow

Total Income

$2,136

Total Expenses

$1,398

Mortgage P&I

23%

$487

Property Taxes

6%

$138

Home Insurance

2%

$48

HOA

0%

$0

Property Management

12%

$256

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$235

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