REI Lense

REI Lense

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$2,728 (target)

416 N Main St, Mount Prospect, IL 60056

3 beds • 2 baths • 1296 sqft

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This property looks like a bad Long-Term investment with a projected -12.02% first-year return on $86,268 initial cash invested.

-12.02%

Cash On Cash

3.88%

Cap Rate

0.65

DSCR

$2,728

Rent

-$864

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,728 income − $3,592 expenses = $864 out of pocket

Income$2,728Out of Pocket$864Mortgage P&I$2,05575%Property Taxes$68325%Insurance$1455%Management$27310%CapEx$1365%Vacancy$1646%Maintenance$1365%

Investment Breakdown

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Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,268

Downpayment

20%

$82,160

Closing costs

1%

$4,108

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,728

Total Expenses

$3,592

Mortgage P&I

75%

$2,055

Property Taxes

25%

$683

Home Insurance

5%

$145

HOA

0%

$0

Property Management

10%

$273

CapEx

5%

$136

Vacancy

6%

$164

Maintenance

5%

$136

Other

0%

$0

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