REI Lense

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$1,488 (target)

405 N 1st St, Fairfield, IL 62837

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Mid-Term investment with a projected -4.05% first-year return on $51,579 initial cash invested.

-4.05%

Cash On Cash

5.57%

Cap Rate

0.87

DSCR

$1,488

Rent

-$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,488 income − $1,662 expenses = $174 out of pocket

Income$1,488Out of Pocket$174Mortgage P&I$85658%Property Taxes$24216%Insurance$564%Management$17912%CapEx$604%Vacancy$453%Maintenance$604%Other$16411%

Investment Breakdown

|

Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,488

Total Expenses

$1,662

Mortgage P&I

58%

$856

Property Taxes

16%

$242

Home Insurance

4%

$56

HOA

0%

$0

Property Management

12%

$179

CapEx

4%

$60

Vacancy

3%

$45

Maintenance

4%

$60

Other

11%

$164

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