REI Lense

REI Lense

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$1,232 (target)

209 S 1st St, Fairfield, IL 62837

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $37,086 initial cash invested.

-11.88%

Cash On Cash

4.53%

Cap Rate

0.69

DSCR

$1,232

Rent

-$367

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,232 income − $1,599 expenses = $367 out of pocket

Income$1,232Out of Pocket$367Mortgage P&I$97179%Property Taxes$24320%Insurance$645%Management$12310%CapEx$625%Vacancy$746%Maintenance$625%

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,086

Downpayment

20%

$35,320

Closing costs

1%

$1,766

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,232

Total Expenses

$1,599

Mortgage P&I

79%

$971

Property Taxes

20%

$243

Home Insurance

5%

$64

HOA

0%

$0

Property Management

10%

$123

CapEx

5%

$62

Vacancy

6%

$74

Maintenance

5%

$62

Other

0%

$0

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