REI Lense

REI Lense

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$2,142 (target)

208 E Madison St, O'Fallon, IL 62269

3 beds • 2 baths • 1525 sqft

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This property could be a profitable Long-Term investment with a projected 10.17% first-year return on $42,945 initial cash invested.

10.17%

Cash On Cash

8.85%

Cap Rate

1.45

DSCR

$2,142

Rent

$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,142 income − $1,778 expenses = $364 cash flow

Income$2,142Mortgage P&I$1,03848%Property Taxes$1396%Insurance$442%Management$21410%CapEx$1075%Vacancy$1296%Maintenance$1075%Cash Flow$364

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,945

Downpayment

20%

$40,900

Closing costs

1%

$2,045

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,142

Total Expenses

$1,778

Mortgage P&I

48%

$1,038

Property Taxes

6%

$139

Home Insurance

2%

$44

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$129

Maintenance

5%

$107

Other

0%

$0

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