REI Lense

REI Lense

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$3,621 (target)

4432 Thatcher Rd, Alton, IL 62002

3 beds • 4 baths • 2962 sqft

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This property might be a fair Mid-Term investment with a projected 1.53% first-year return on $88,350 initial cash invested.

1.53%

Cash On Cash

6.84%

Cap Rate

1.16

DSCR

$3,621

Rent

$113

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,350

Downpayment

20%

$67,000

Closing costs

1%

$3,350

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,621

Total Expenses

$3,508

Mortgage P&I

46%

$1,652

Property Taxes

14%

$499

Home Insurance

3%

$117

HOA

0%

$8

Property Management

12%

$435

CapEx

4%

$145

Vacancy

3%

$109

Maintenance

4%

$145

Other

11%

$398

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