REI Lense

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$2,678 (target)

2 Houser Ct, Lincoln, IL 62656

3 beds • 2 baths • 1205 sqft

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This property could be a profitable Mid-Term investment with a projected 15.19% first-year return on $53,322 initial cash invested.

15.19%

Cash On Cash

11.94%

Cap Rate

1.88

DSCR

$2,678

Rent

$675

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,678 income − $2,003 expenses = $675 cash flow

Income$2,678Mortgage P&I$89233%Property Taxes$1506%Insurance$512%Management$32112%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29511%Cash Flow$675

Investment Breakdown

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Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,322

Downpayment

20%

$33,640

Closing costs

1%

$1,682

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,678

Total Expenses

$2,003

Mortgage P&I

33%

$892

Property Taxes

6%

$150

Home Insurance

2%

$51

HOA

0%

$0

Property Management

12%

$321

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$295

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