REI Lense

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$2,394 (target)

512 Frorer Ave, Lincoln, IL 62656

3 beds • 2 baths • 1383 sqft

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This property could be a profitable Mid-Term investment with a projected 18.9% first-year return on $45,279 initial cash invested.

18.9%

Cash On Cash

13.92%

Cap Rate

2.16

DSCR

$2,394

Rent

$713

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,394 income − $1,681 expenses = $713 cash flow

Income$2,394Mortgage P&I$69829%Property Taxes$1235%Insurance$462%Management$28712%CapEx$964%Vacancy$723%Maintenance$964%Other$26311%Cash Flow$713

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,279

Downpayment

20%

$25,980

Closing costs

1%

$1,299

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,394

Total Expenses

$1,681

Mortgage P&I

29%

$698

Property Taxes

5%

$123

Home Insurance

2%

$46

HOA

0%

$0

Property Management

12%

$287

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$263

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