REI Lense

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$4,718 (target)

411 Thompson Ave, Winthrop Harbor, IL 60096

3 beds • 2 baths • 1700 sqft

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This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $98,787 initial cash invested.

1.92%

Cash On Cash

7.13%

Cap Rate

1.18

DSCR

$4,718

Rent

$158

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,718 income − $4,560 expenses = $158 cash flow

Income$4,718Mortgage P&I$1,93841%Property Taxes$88119%Insurance$1363%Management$56612%CapEx$1894%Vacancy$1423%Maintenance$1894%Other$51911%Cash Flow$158

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,787

Downpayment

20%

$76,940

Closing costs

1%

$3,847

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,718

Total Expenses

$4,560

Mortgage P&I

41%

$1,938

Property Taxes

19%

$881

Home Insurance

3%

$136

HOA

0%

$0

Property Management

12%

$566

CapEx

4%

$189

Vacancy

3%

$142

Maintenance

4%

$189

Other

11%

$519

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