REI Lense

REI Lense

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$2,278 (target)

516 Orange St, Princeton, IL 61356

3 beds • 3 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $60,336 initial cash invested.

0.54%

Cash On Cash

7.23%

Cap Rate

1.11

DSCR

$2,278

Rent

$27

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,278 income − $2,251 expenses = $27 cash flow

Income$2,278Mortgage P&I$1,09748%Property Taxes$31014%Insurance$703%Management$27312%CapEx$914%Vacancy$683%Maintenance$914%Other$25111%Cash Flow$27

Investment Breakdown

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Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,336

Downpayment

20%

$40,320

Closing costs

1%

$2,016

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,278

Total Expenses

$2,251

Mortgage P&I

48%

$1,097

Property Taxes

14%

$310

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$273

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$251

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