REI Lense

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$2,271 (target)

1701 Woodbine Cir N, Galesburg, IL 61401

3 beds • 3 baths • 1872 sqft

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This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $55,779 initial cash invested.

4.97%

Cash On Cash

8.55%

Cap Rate

1.34

DSCR

$2,271

Rent

$231

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,271

Total Expenses

$2,040

Mortgage P&I

42%

$960

Property Taxes

11%

$244

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

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