REI Lense

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$3,860 (target)

2607 Lakeshore Dr, Columbia, IL 62236

3 beds • 4 baths • 2575 sqft

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This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $92,445 initial cash invested.

1.97%

Cash On Cash

7.19%

Cap Rate

1.17

DSCR

$3,860

Rent

$152

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,860 income − $3,708 expenses = $152 cash flow

Income$3,860Mortgage P&I$1,81847%Property Taxes$44412%Insurance$1283%HOA$6Management$46312%CapEx$1544%Vacancy$1163%Maintenance$1544%Other$42511%Cash Flow$152

Investment Breakdown

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Purchase Price

$355k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,445

Downpayment

20%

$70,900

Closing costs

1%

$3,545

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,860

Total Expenses

$3,708

Mortgage P&I

47%

$1,818

Property Taxes

12%

$444

Home Insurance

3%

$128

HOA

0%

$6

Property Management

12%

$463

CapEx

4%

$154

Vacancy

3%

$116

Maintenance

4%

$154

Other

11%

$425

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