REI Lense

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$3,694 (target)

214 N Point Rd, Fairview Heights, IL 62208

3 beds • 2 baths • 1602 sqft

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This property could be a profitable Mid-Term investment with a projected 15.47% first-year return on $65,544 initial cash invested.

15.47%

Cash On Cash

11.79%

Cap Rate

1.81

DSCR

$3,694

Rent

$845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,694 income − $2,849 expenses = $845 cash flow

Income$3,694Mortgage P&I$1,23233%Property Taxes$2818%Insurance$802%Management$44312%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40611%Cash Flow$845

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,544

Downpayment

20%

$45,280

Closing costs

1%

$2,264

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,694

Total Expenses

$2,849

Mortgage P&I

33%

$1,232

Property Taxes

8%

$281

Home Insurance

2%

$80

HOA

0%

$0

Property Management

12%

$443

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$406

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