REI Lense

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$1,118 (target)

309 SE 3rd St, Fairfield, IL 62837

3 beds • 2 baths • 0 sqft

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This property looks like a bad Mid-Term investment with a projected -14.46% first-year return on $65,250 initial cash invested.

-14.46%

Cash On Cash

2.6%

Cap Rate

0.4

DSCR

$1,118

Rent

-$786

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,118 income − $1,904 expenses = $786 out of pocket

Income$1,118Out of Pocket$786Mortgage P&I$1,228110%Property Taxes$21619%Insurance$797%Management$13412%CapEx$454%Vacancy$343%Maintenance$454%Other$12311%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,118

Total Expenses

$1,904

Mortgage P&I

110%

$1,228

Property Taxes

19%

$216

Home Insurance

7%

$79

HOA

0%

$0

Property Management

12%

$134

CapEx

4%

$45

Vacancy

3%

$34

Maintenance

4%

$45

Other

11%

$123

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