REI Lense

REI Lense

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$2,238 (target)

316 Boulder Creek Dr, Chatham, IL 62629

3 beds • 2 baths • 1679 sqft

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This property looks like a bad Long-Term investment with a projected -12.53% first-year return on $86,079 initial cash invested.

-12.53%

Cash On Cash

3.73%

Cap Rate

0.62

DSCR

$2,238

Rent

-$899

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,238 income − $3,137 expenses = $899 out of pocket

Income$2,238Out of Pocket$899Mortgage P&I$2,06092%Property Taxes$211%Insurance$1446%HOA$33015%Management$22410%CapEx$1125%Vacancy$1346%Maintenance$1125%

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,079

Downpayment

20%

$81,980

Closing costs

1%

$4,099

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,238

Total Expenses

$3,137

Mortgage P&I

92%

$2,060

Property Taxes

1%

$21

Home Insurance

6%

$144

HOA

15%

$330

Property Management

10%

$224

CapEx

5%

$112

Vacancy

6%

$134

Maintenance

5%

$112

Other

0%

$0

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