REI Lense

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$3,078 (target)

1820 Glenbridge Rd, Bloomington, IL 61704

3 beds • 3 baths • 2250 sqft

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This property might be a fair Mid-Term investment with a projected 2.46% first-year return on $67,350 initial cash invested.

2.46%

Cash On Cash

7.91%

Cap Rate

1.2

DSCR

$3,078

Rent

$138

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,078 income − $2,940 expenses = $138 cash flow

Income$3,078Mortgage P&I$1,28942%Property Taxes$39113%Insurance$843%HOA$1304%Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33911%Cash Flow$138

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,078

Total Expenses

$2,940

Mortgage P&I

42%

$1,289

Property Taxes

13%

$391

Home Insurance

3%

$84

HOA

4%

$130

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$339

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