REI Lense

REI Lense

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$1,076 (target)

21322 Lake Ka Ho Rd, Mount Olive, IL 62069

3 beds • 3 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -21.82% first-year return on $54,600 initial cash invested.

-21.82%

Cash On Cash

1.54%

Cap Rate

0.26

DSCR

$1,076

Rent

-$993

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,076 income − $2,069 expenses = $993 out of pocket

Income$1,076Out of Pocket$993Mortgage P&I$1,273118%Property Taxes$42439%Insurance$918%Management$10810%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,076

Total Expenses

$2,069

Mortgage P&I

118%

$1,273

Property Taxes

39%

$424

Home Insurance

8%

$91

HOA

0%

$0

Property Management

10%

$108

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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