REI Lense

REI Lense

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$3,202 (target)

18655 Sherman St, Lansing, IL 60438

3 beds • 2 baths • 1140 sqft

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This property might be a fair Mid-Term investment with a projected 9.92% first-year return on $61,680 initial cash invested.

9.92%

Cash On Cash

10.03%

Cap Rate

1.58

DSCR

$3,202

Rent

$510

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,680

Downpayment

20%

$41,600

Closing costs

1%

$2,080

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,202

Total Expenses

$2,692

Mortgage P&I

34%

$1,100

Property Taxes

13%

$430

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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