REI Lense

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$3,300 (target)

38054 N State Route 59, Lake Villa, IL 60046

3 beds • 2 baths • 1200 sqft

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This property might be a fair Mid-Term investment with a projected 1.9% first-year return on $77,157 initial cash invested.

1.9%

Cash On Cash

7.43%

Cap Rate

1.17

DSCR

$3,300

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,300 income − $3,178 expenses = $122 cash flow

Income$3,300Mortgage P&I$1,49045%Property Taxes$46714%Insurance$883%HOA$11Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%Cash Flow$122

Investment Breakdown

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Purchase Price

$282k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,157

Downpayment

20%

$56,340

Closing costs

1%

$2,817

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,300

Total Expenses

$3,178

Mortgage P&I

45%

$1,490

Property Taxes

14%

$467

Home Insurance

3%

$88

HOA

0%

$11

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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