REI Lense

REI Lense

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$2,050 (target)

2320 Lindbergh Blvd, Springfield, IL 62704

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -5.72% first-year return on $52,479 initial cash invested.

-5.72%

Cash On Cash

5.63%

Cap Rate

0.89

DSCR

$2,050

Rent

-$250

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,050 income − $2,300 expenses = $250 out of pocket

Income$2,050Out of Pocket$250Mortgage P&I$1,32064%Property Taxes$36018%Insurance$884%Management$20510%CapEx$1025%Vacancy$1236%Maintenance$1025%

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$2,300

Mortgage P&I

64%

$1,320

Property Taxes

18%

$360

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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