REI Lense

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$2,514 (target)

1821 Middlebury Rd, Freeport, IL 61032

3 beds • 2 baths • 1916 sqft

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This property might be a fair Mid-Term investment with a projected 6.84% first-year return on $54,708 initial cash invested.

6.84%

Cash On Cash

9.37%

Cap Rate

1.43

DSCR

$2,514

Rent

$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,514 income − $2,202 expenses = $312 cash flow

Income$2,514Mortgage P&I$95238%Property Taxes$33113%Insurance$633%Management$30212%CapEx$1014%Vacancy$753%Maintenance$1014%Other$27711%Cash Flow$312

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,514

Total Expenses

$2,202

Mortgage P&I

38%

$952

Property Taxes

13%

$331

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$302

CapEx

4%

$101

Vacancy

3%

$75

Maintenance

4%

$101

Other

11%

$277

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