REI Lense

REI Lense

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$2,032 (target)

18864 Greenbay Ave, Lansing, IL 60438

3 beds • 2 baths • 1700 sqft

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This property might be a fair Long-Term investment with a projected 1.36% first-year return on $33,600 initial cash invested.

1.36%

Cash On Cash

7.43%

Cap Rate

1.16

DSCR

$2,032

Rent

$38

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,600

Downpayment

20%

$32,000

Closing costs

1%

$1,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,032

Total Expenses

$1,994

Mortgage P&I

42%

$851

Property Taxes

27%

$558

Home Insurance

3%

$56

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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