REI Lense

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$2,099 (target)

1722 Sharon Rd, Streator, IL 61364

3 beds • 2 baths • 1808 sqft

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This property looks like a bad Long-Term investment with a projected -7.08% first-year return on $58,107 initial cash invested.

-7.08%

Cash On Cash

4.97%

Cap Rate

0.83

DSCR

$2,099

Rent

-$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,099 income − $2,442 expenses = $343 out of pocket

Income$2,099Out of Pocket$343Mortgage P&I$1,38466%Property Taxes$41220%Insurance$1005%Management$21010%CapEx$1055%Vacancy$1266%Maintenance$1055%

Investment Breakdown

|

Purchase Price

$277k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,107

Downpayment

20%

$55,340

Closing costs

1%

$2,767

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,099

Total Expenses

$2,442

Mortgage P&I

66%

$1,384

Property Taxes

20%

$412

Home Insurance

5%

$100

HOA

0%

$0

Property Management

10%

$210

CapEx

5%

$105

Vacancy

6%

$126

Maintenance

5%

$105

Other

0%

$0

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