REI Lense

REI Lense

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$2,565 (target)

516 May St, Plano, IL 60545

3 beds • 3 baths • 1604 sqft

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This property looks like a bad Long-Term investment with a projected -11.82% first-year return on $71,757 initial cash invested.

-11.82%

Cash On Cash

3.97%

Cap Rate

0.66

DSCR

$2,565

Rent

-$707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,565 income − $3,272 expenses = $707 out of pocket

Income$2,565Out of Pocket$707Mortgage P&I$1,70967%Property Taxes$72628%Insurance$1215%HOA$502%Management$25610%CapEx$1285%Vacancy$1546%Maintenance$1285%

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,757

Downpayment

20%

$68,340

Closing costs

1%

$3,417

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,565

Total Expenses

$3,272

Mortgage P&I

67%

$1,709

Property Taxes

28%

$726

Home Insurance

5%

$121

HOA

2%

$50

Property Management

10%

$256

CapEx

5%

$128

Vacancy

6%

$154

Maintenance

5%

$128

Other

0%

$0

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