REI Lense

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$2,296 (target)

1745 Stevens St, Belleville, IL 62226

3 beds • 2 baths • 1680 sqft

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This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $54,351 initial cash invested.

5.41%

Cash On Cash

8.86%

Cap Rate

1.36

DSCR

$2,296

Rent

$245

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,296 income − $2,051 expenses = $245 cash flow

Income$2,296Mortgage P&I$94141%Property Taxes$26712%Insurance$613%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$245

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,351

Downpayment

20%

$34,620

Closing costs

1%

$1,731

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,296

Total Expenses

$2,051

Mortgage P&I

41%

$941

Property Taxes

12%

$267

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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