REI Lense

REI Lense

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$2,164 (target)

5145 Sycamore Ridge Rd, Belvidere, IL 61008

3 beds • 3 baths • 2300 sqft

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This property looks like a bad Mid-Term investment with a projected -14.43% first-year return on $140k initial cash invested.

-14.43%

Cash On Cash

2.61%

Cap Rate

0.44

DSCR

$2,164

Rent

-$1,678

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$579k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$140k

Downpayment

20%

$116k

Closing costs

1%

$5,790

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$2,164

Total Expenses

$3,842

Mortgage P&I

132%

$2,850

Property Taxes

2%

$44

Home Insurance

9%

$203

HOA

0%

$8

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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