REI Lense

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$2,054 (target)

422 N Lakeshore Dr, Hanna City, IL 61536

3 beds • 3 baths • 1703 sqft

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This property looks like a bad Mid-Term investment with a projected -4.41% first-year return on $62,100 initial cash invested.

-4.41%

Cash On Cash

5.57%

Cap Rate

0.87

DSCR

$2,054

Rent

-$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,054 income − $2,282 expenses = $228 out of pocket

Income$2,054Out of Pocket$228Mortgage P&I$1,12055%Property Taxes$38719%Insurance$744%HOA$3Management$24612%CapEx$824%Vacancy$623%Maintenance$824%Other$22611%

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,054

Total Expenses

$2,282

Mortgage P&I

55%

$1,120

Property Taxes

19%

$387

Home Insurance

4%

$74

HOA

0%

$3

Property Management

12%

$246

CapEx

4%

$82

Vacancy

3%

$62

Maintenance

4%

$82

Other

11%

$226

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