REI Lense

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$2,811 (target)

520 Cottonwood Dr, Salem, IL 62881

3 beds • 2 baths • 1752 sqft

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This property looks like a bad Mid-Term investment with a projected -0.7% first-year return on $80,454 initial cash invested.

-0.7%

Cash On Cash

6.32%

Cap Rate

1.04

DSCR

$2,811

Rent

-$47

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,811 income − $2,858 expenses = $47 out of pocket

Income$2,811Out of Pocket$47Mortgage P&I$1,50253%Property Taxes$29210%Insurance$1104%Management$33712%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30911%

Investment Breakdown

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Purchase Price

$297k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,454

Downpayment

20%

$59,480

Closing costs

1%

$2,974

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,811

Total Expenses

$2,858

Mortgage P&I

53%

$1,502

Property Taxes

10%

$292

Home Insurance

4%

$110

HOA

0%

$0

Property Management

12%

$337

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$309

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