REI Lense

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$4,299 (target)

2 Grandbrook Blvd, Collinsville, IL 62234

3 beds • 3 baths • 2428 sqft

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This property might be a fair Mid-Term investment with a projected 2.43% first-year return on $99,102 initial cash invested.

2.43%

Cash On Cash

7.13%

Cap Rate

1.19

DSCR

$4,299

Rent

$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,299 income − $4,098 expenses = $201 cash flow

Income$4,299Mortgage P&I$1,92145%Property Taxes$56613%Insurance$1493%Management$51612%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47311%Cash Flow$201

Investment Breakdown

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Purchase Price

$386k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,102

Downpayment

20%

$77,240

Closing costs

1%

$3,862

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,299

Total Expenses

$4,098

Mortgage P&I

45%

$1,921

Property Taxes

13%

$566

Home Insurance

3%

$149

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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