REI Lense

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$1,433 (target)

2303 Mimosa Dr, Olney, IL 62450

3 beds • 2 baths • 1988 sqft

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This property could be a profitable Long-Term investment with a projected 10.51% first-year return on $26,607 initial cash invested.

10.51%

Cash On Cash

8.98%

Cap Rate

1.47

DSCR

$1,433

Rent

$233

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,433 income − $1,200 expenses = $233 cash flow

Income$1,433Mortgage P&I$64345%Property Taxes$14710%Insurance$373%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%Cash Flow$233

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,607

Downpayment

20%

$25,340

Closing costs

1%

$1,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,433

Total Expenses

$1,200

Mortgage P&I

45%

$643

Property Taxes

10%

$147

Home Insurance

3%

$37

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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