REI Lense

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$3,579 (target)

3423 Grandmore Ave, Gurnee, IL 60031

3 beds • 3 baths • 2328 sqft

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This property looks like a bad Long-Term investment with a projected -9.24% first-year return on $93,597 initial cash invested.

-9.24%

Cash On Cash

4.74%

Cap Rate

0.76

DSCR

$3,579

Rent

-$721

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,579 income − $4,300 expenses = $721 out of pocket

Income$3,579Out of Pocket$721Mortgage P&I$2,30464%Property Taxes$90625%Insurance$1594%Management$35810%CapEx$1795%Vacancy$2156%Maintenance$1795%

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,597

Downpayment

20%

$89,140

Closing costs

1%

$4,457

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,579

Total Expenses

$4,300

Mortgage P&I

64%

$2,304

Property Taxes

25%

$906

Home Insurance

4%

$159

HOA

0%

$0

Property Management

10%

$358

CapEx

5%

$179

Vacancy

6%

$215

Maintenance

5%

$179

Other

0%

$0

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