REI Lense

REI Lense

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$2,120 (target)

308 Hill St, Jerseyville, IL 62052

3 beds • 3 baths • 2254 sqft

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This property might be a fair Long-Term investment with a projected 3.45% first-year return on $44,163 initial cash invested.

3.45%

Cash On Cash

7.83%

Cap Rate

1.2

DSCR

$2,120

Rent

$127

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,120 income − $1,993 expenses = $127 cash flow

Income$2,120Mortgage P&I$1,14054%Property Taxes$22210%Insurance$804%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%Cash Flow$127

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,163

Downpayment

20%

$42,060

Closing costs

1%

$2,103

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,120

Total Expenses

$1,993

Mortgage P&I

54%

$1,140

Property Taxes

10%

$222

Home Insurance

4%

$80

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

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