REI Lense

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$1,562 (target)

1702 S Plum St, Pontiac, IL 61764

3 beds • 2 baths • 1516 sqft

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This property could be a profitable Long-Term investment with a projected 10.74% first-year return on $27,720 initial cash invested.

10.74%

Cash On Cash

9.41%

Cap Rate

1.46

DSCR

$1,562

Rent

$248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,562 income − $1,314 expenses = $248 cash flow

Income$1,562Mortgage P&I$70945%Property Taxes$15310%Insurance$463%Management$15610%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$248

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,720

Downpayment

20%

$26,400

Closing costs

1%

$1,320

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,562

Total Expenses

$1,314

Mortgage P&I

45%

$709

Property Taxes

10%

$153

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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