REI Lense

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$2,552 (target)

2186 Nathan Ave, Mascoutah, IL 62258

3 beds • 2 baths • 1416 sqft

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This property looks like a bad Mid-Term investment with a projected -2% first-year return on $70,941 initial cash invested.

-2%

Cash On Cash

6.27%

Cap Rate

0.99

DSCR

$2,552

Rent

-$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,552 income − $2,670 expenses = $118 out of pocket

Income$2,552Out of Pocket$118Mortgage P&I$1,33352%Property Taxes$38515%Insurance$843%Management$30612%CapEx$1024%Vacancy$773%Maintenance$1024%Other$28111%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,941

Downpayment

20%

$50,420

Closing costs

1%

$2,521

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,552

Total Expenses

$2,670

Mortgage P&I

52%

$1,333

Property Taxes

15%

$385

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$306

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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