REI Lense

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$3,705 (target)

401 E Fairgrounds Ave, Jerseyville, IL 62052

3 beds • 4 baths • 3115 sqft

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This property looks like a bad Mid-Term investment with a projected -6.01% first-year return on $106k initial cash invested.

-6.01%

Cash On Cash

5.11%

Cap Rate

0.82

DSCR

$3,705

Rent

-$529

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,705 income − $4,234 expenses = $529 out of pocket

Income$3,705Out of Pocket$529Mortgage P&I$2,15758%Property Taxes$66018%Insurance$1574%Management$44512%CapEx$1484%Vacancy$1113%Maintenance$1484%Other$40811%

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$106k

Downpayment

20%

$83,460

Closing costs

1%

$4,173

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,705

Total Expenses

$4,234

Mortgage P&I

58%

$2,157

Property Taxes

18%

$660

Home Insurance

4%

$157

HOA

0%

$0

Property Management

12%

$445

CapEx

4%

$148

Vacancy

3%

$111

Maintenance

4%

$148

Other

11%

$408

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