REI Lense

REI Lense

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$3,148 (target)

2646 Meridian Lake Dr, Shiloh, IL 62221

3 beds • 3 baths • 1700 sqft

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This property looks like a bad Mid-Term investment with a projected -2.01% first-year return on $90,093 initial cash invested.

-2.01%

Cash On Cash

5.72%

Cap Rate

0.98

DSCR

$3,148

Rent

-$151

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$343k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$90,093

Downpayment

20%

$68,660

Closing costs

1%

$3,433

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,148

Total Expenses

$3,299

Mortgage P&I

53%

$1,661

Property Taxes

14%

$447

Home Insurance

4%

$121

HOA

0%

$0

Property Management

12%

$378

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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