REI Lense

REI Lense

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$1,927 (target)

2114 Hampshire St, Quincy, IL 62301

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -0.08% first-year return on $42,525 initial cash invested.

-0.08%

Cash On Cash

7.12%

Cap Rate

1.08

DSCR

$1,927

Rent

-$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,927 income − $1,930 expenses = $3 out of pocket

Income$1,927Out of Pocket$3Mortgage P&I$1,10958%Property Taxes$26214%Insurance$583%Management$19310%CapEx$965%Vacancy$1166%Maintenance$965%

Investment Breakdown

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Purchase Price

$203k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,525

Downpayment

20%

$40,500

Closing costs

1%

$2,025

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,927

Total Expenses

$1,930

Mortgage P&I

58%

$1,109

Property Taxes

14%

$262

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$193

CapEx

5%

$96

Vacancy

6%

$116

Maintenance

5%

$96

Other

0%

$0

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