REI Lense

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$3,435 (target)

510 N Cherry St, O'Fallon, IL 62269

3 beds • 2 baths • 1961 sqft

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This property could be a profitable Mid-Term investment with a projected 13.06% first-year return on $64,662 initial cash invested.

13.06%

Cash On Cash

10.51%

Cap Rate

1.76

DSCR

$3,435

Rent

$704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,435 income − $2,731 expenses = $704 cash flow

Income$3,435Mortgage P&I$1,10632%Property Taxes$34210%Insurance$1163%Management$41212%CapEx$1374%Vacancy$1033%Maintenance$1374%Other$37811%Cash Flow$704

Investment Breakdown

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Purchase Price

$222k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$64,662

Downpayment

20%

$44,440

Closing costs

1%

$2,222

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,435

Total Expenses

$2,731

Mortgage P&I

32%

$1,106

Property Taxes

10%

$342

Home Insurance

3%

$116

HOA

0%

$0

Property Management

12%

$412

CapEx

4%

$137

Vacancy

3%

$103

Maintenance

4%

$137

Other

11%

$378

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