REI Lense

REI Lense

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$2,739 (target)

255 Polk Ct, Bartlett, IL 60103

3 beds • 2 baths • 1660 sqft

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This property looks like a bad Long-Term investment with a projected -12.51% first-year return on $91,098 initial cash invested.

-12.51%

Cash On Cash

3.72%

Cap Rate

0.62

DSCR

$2,739

Rent

-$950

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,739 income − $3,689 expenses = $950 out of pocket

Income$2,739Out of Pocket$950Mortgage P&I$2,15779%Property Taxes$66324%Insurance$1576%Management$27410%CapEx$1375%Vacancy$1646%Maintenance$1375%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,098

Downpayment

20%

$86,760

Closing costs

1%

$4,338

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,739

Total Expenses

$3,689

Mortgage P&I

79%

$2,157

Property Taxes

24%

$663

Home Insurance

6%

$157

HOA

0%

$0

Property Management

10%

$274

CapEx

5%

$137

Vacancy

6%

$164

Maintenance

5%

$137

Other

0%

$0

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