REI Lense

REI Lense

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$2,696 (target)

3444 Citadel Dr, Rockford, IL 61109

3 beds • 2 baths • 1937 sqft

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This property looks like a bad Mid-Term investment with a projected -2.35% first-year return on $74,154 initial cash invested.

-2.35%

Cash On Cash

5.74%

Cap Rate

0.97

DSCR

$2,696

Rent

-$145

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$267k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,154

Downpayment

20%

$53,480

Closing costs

1%

$2,674

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,696

Total Expenses

$2,841

Mortgage P&I

49%

$1,316

Property Taxes

19%

$511

Home Insurance

4%

$96

HOA

0%

$0

Property Management

12%

$324

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$297

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