REI Lense

REI Lense

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$2,218 (target)

3240 Fielding Ln, Belleville, IL 62221

3 beds • 2 baths • 1923 sqft

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This property looks like a bad Long-Term investment with a projected -1.52% first-year return on $52,815 initial cash invested.

-1.52%

Cash On Cash

6.26%

Cap Rate

1.03

DSCR

$2,218

Rent

-$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $2,285 expenses = $67 out of pocket

Income$2,218Out of Pocket$67Mortgage P&I$1,26957%Property Taxes$34315%Insurance$964%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,815

Downpayment

20%

$50,300

Closing costs

1%

$2,515

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,218

Total Expenses

$2,285

Mortgage P&I

57%

$1,269

Property Taxes

15%

$343

Home Insurance

4%

$96

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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