REI Lense

REI Lense

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$2,668 (target)

3305 W Nettle Creek Dr, Morris, IL 60450

3 beds • 3 baths • 2055 sqft

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This property looks like a bad Long-Term investment with a projected -15.93% first-year return on $105k initial cash invested.

-15.93%

Cash On Cash

3.03%

Cap Rate

0.5

DSCR

$2,668

Rent

-$1,399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,668 income − $4,067 expenses = $1,399 out of pocket

Income$2,668Out of Pocket$1,399Mortgage P&I$2,53295%Property Taxes$65425%Insurance$1807%HOA$8Management$26710%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100k

Closing costs

1%

$5,018

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,668

Total Expenses

$4,067

Mortgage P&I

95%

$2,532

Property Taxes

25%

$654

Home Insurance

7%

$180

HOA

0%

$8

Property Management

10%

$267

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

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