REI Lense

REI Lense

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$2,752 (target)

2409 S 61st Ave, Cicero, IL 60804

3 beds • 2 baths • 1739 sqft

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This property looks like a bad Long-Term investment with a projected -9.31% first-year return on $67,305 initial cash invested.

-9.31%

Cash On Cash

4.94%

Cap Rate

0.77

DSCR

$2,752

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,752 income − $3,274 expenses = $522 out of pocket

Income$2,752Out of Pocket$522Mortgage P&I$1,70462%Property Taxes$78829%Insurance$662%Management$27510%CapEx$1385%Vacancy$1656%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$321k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,305

Downpayment

20%

$64,100

Closing costs

1%

$3,205

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,752

Total Expenses

$3,274

Mortgage P&I

62%

$1,704

Property Taxes

29%

$788

Home Insurance

2%

$66

HOA

0%

$0

Property Management

10%

$275

CapEx

5%

$138

Vacancy

6%

$165

Maintenance

5%

$138

Other

0%

$0

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