REI Lense

REI Lense

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$1,287 (target)

303 W 1st South St, Mount Olive, IL 62069

3 beds • 2 baths • 1890 sqft

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This property might be a fair Long-Term investment with a projected 0.44% first-year return on $32,571 initial cash invested.

0.44%

Cash On Cash

6.92%

Cap Rate

1.09

DSCR

$1,287

Rent

$12

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,287 income − $1,275 expenses = $12 cash flow

Income$1,287Mortgage P&I$81964%Property Taxes$665%Insurance$564%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$12

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,571

Downpayment

20%

$31,020

Closing costs

1%

$1,551

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,287

Total Expenses

$1,275

Mortgage P&I

64%

$819

Property Taxes

5%

$66

Home Insurance

4%

$56

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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