REI Lense

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$3,230 (target)

1722 Seminole Ln, Godfrey, IL 62035

3 beds • 2 baths • 2170 sqft

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This property looks like a bad Mid-Term investment with a projected -6.11% first-year return on $96,750 initial cash invested.

-6.11%

Cash On Cash

4.86%

Cap Rate

0.81

DSCR

$3,230

Rent

-$493

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,230 income − $3,723 expenses = $493 out of pocket

Income$3,230Out of Pocket$493Mortgage P&I$1,88458%Property Taxes$61019%Insurance$1314%Management$38812%CapEx$1294%Vacancy$973%Maintenance$1294%Other$35511%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,230

Total Expenses

$3,723

Mortgage P&I

58%

$1,884

Property Taxes

19%

$610

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$388

CapEx

4%

$129

Vacancy

3%

$97

Maintenance

4%

$129

Other

11%

$355

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