REI Lense

REI Lense

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$2,281 (target)

509 Paxton Ave, Calumet City, IL 60409

3 beds • 2 baths • 1313 sqft

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This property could be a profitable Long-Term investment with a projected 11.54% first-year return on $33,579 initial cash invested.

11.54%

Cash On Cash

9.83%

Cap Rate

1.5

DSCR

$2,281

Rent

$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,281 income − $1,958 expenses = $323 cash flow

Income$2,281Mortgage P&I$87338%Property Taxes$43619%Insurance$562%Management$22810%CapEx$1145%Vacancy$1376%Maintenance$1145%Cash Flow$323

Investment Breakdown

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Purchase Price

$160k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,579

Downpayment

20%

$31,980

Closing costs

1%

$1,599

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,281

Total Expenses

$1,958

Mortgage P&I

38%

$873

Property Taxes

19%

$436

Home Insurance

2%

$56

HOA

0%

$0

Property Management

10%

$228

CapEx

5%

$114

Vacancy

6%

$137

Maintenance

5%

$114

Other

0%

$0

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