REI Lense

REI Lense

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$1,990 (target)

303 N Lincoln Ave, O fallon, IL 62269

3 beds • 3 baths • 2054 sqft

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This property looks like a bad Long-Term investment with a projected -10.68% first-year return on $60,648 initial cash invested.

-10.68%

Cash On Cash

4.27%

Cap Rate

0.7

DSCR

$1,990

Rent

-$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,990 income − $2,530 expenses = $540 out of pocket

Income$1,990Out of Pocket$540Mortgage P&I$1,46774%Property Taxes$44422%Insurance$1015%Management$19910%CapEx$1005%Vacancy$1196%Maintenance$1005%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,648

Downpayment

20%

$57,760

Closing costs

1%

$2,888

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,990

Total Expenses

$2,530

Mortgage P&I

74%

$1,467

Property Taxes

22%

$444

Home Insurance

5%

$101

HOA

0%

$0

Property Management

10%

$199

CapEx

5%

$100

Vacancy

6%

$119

Maintenance

5%

$100

Other

0%

$0

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