REI Lense

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$3,780 (target)

18455 W Meadow Ln, Gurnee, IL 60031

3 beds • 2 baths • 1225 sqft

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This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $74,448 initial cash invested.

6.01%

Cash On Cash

8.34%

Cap Rate

1.39

DSCR

$3,780

Rent

$373

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,780 income − $3,407 expenses = $373 cash flow

Income$3,780Mortgage P&I$1,34436%Property Taxes$68418%Insurance$942%Management$45412%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41611%Cash Flow$373

Investment Breakdown

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Purchase Price

$269k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,448

Downpayment

20%

$53,760

Closing costs

1%

$2,688

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,780

Total Expenses

$3,407

Mortgage P&I

36%

$1,344

Property Taxes

18%

$684

Home Insurance

2%

$94

HOA

0%

$0

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$416

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