REI Lense

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$2,052 (target)

1820 Glenbridge Rd, Bloomington, IL 61704

3 beds • 3 baths • 2250 sqft

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This property looks like a bad Long-Term investment with a projected -9.14% first-year return on $49,350 initial cash invested.

-9.14%

Cash On Cash

5.19%

Cap Rate

0.79

DSCR

$2,052

Rent

-$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,052 income − $2,428 expenses = $376 out of pocket

Income$2,052Out of Pocket$376Mortgage P&I$1,28963%Property Taxes$39119%Insurance$844%HOA$1306%Management$20510%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

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Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,052

Total Expenses

$2,428

Mortgage P&I

63%

$1,289

Property Taxes

19%

$391

Home Insurance

4%

$84

HOA

6%

$130

Property Management

10%

$205

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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