REI Lense

REI Lense

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$3,869 (target)

2711 Elgin Rd, Evanston, IL 60201

3 beds • 2 baths • 1279 sqft

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This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $108k initial cash invested.

-5.43%

Cash On Cash

5.42%

Cap Rate

0.89

DSCR

$3,869

Rent

-$488

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,869 income − $4,357 expenses = $488 out of pocket

Income$3,869Out of Pocket$488Mortgage P&I$2,61768%Property Taxes$57715%Insurance$1584%Management$38710%CapEx$1935%Vacancy$2326%Maintenance$1935%

Investment Breakdown

|

Purchase Price

$514k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,140

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,869

Total Expenses

$4,357

Mortgage P&I

68%

$2,617

Property Taxes

15%

$577

Home Insurance

4%

$158

HOA

0%

$0

Property Management

10%

$387

CapEx

5%

$193

Vacancy

6%

$232

Maintenance

5%

$193

Other

0%

$0

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