REI Lense

REI Lense

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$2,034 (target)

220 Beacon Dr, Belvidere, IL 61008

3 beds • 2 baths • 2121 sqft

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This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $47,565 initial cash invested.

-5.22%

Cash On Cash

5.84%

Cap Rate

0.91

DSCR

$2,034

Rent

-$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,565

Downpayment

20%

$45,300

Closing costs

1%

$2,265

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,034

Total Expenses

$2,241

Mortgage P&I

59%

$1,207

Property Taxes

21%

$425

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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