REI Lense

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$1,401 (target)

2604 Angela Dr, Granite City, IL 62040

3 beds • 2 baths • 1102 sqft

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This property could be a profitable Long-Term investment with a projected 19.78% first-year return on $20,811 initial cash invested.

19.78%

Cash On Cash

11.35%

Cap Rate

1.79

DSCR

$1,401

Rent

$343

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,401 income − $1,058 expenses = $343 cash flow

Income$1,401Mortgage P&I$52437%Property Taxes$1219%Insurance$493%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%Cash Flow$343

Investment Breakdown

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Purchase Price

$99,100

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,811

Downpayment

20%

$19,820

Closing costs

1%

$991

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,401

Total Expenses

$1,058

Mortgage P&I

37%

$524

Property Taxes

9%

$121

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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