REI Lense

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$3,258 (target)

5250 Jenkins Dr, South Beloit, IL 61080

3 beds • 2 baths • 1421 sqft

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This property might be a fair Mid-Term investment with a projected 2.89% first-year return on $79,341 initial cash invested.

2.89%

Cash On Cash

7.37%

Cap Rate

1.22

DSCR

$3,258

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,258 income − $3,067 expenses = $191 cash flow

Income$3,258Mortgage P&I$1,47345%Property Taxes$38212%Insurance$1053%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35811%Cash Flow$191

Investment Breakdown

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Purchase Price

$292k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,341

Downpayment

20%

$58,420

Closing costs

1%

$2,921

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,258

Total Expenses

$3,067

Mortgage P&I

45%

$1,473

Property Taxes

12%

$382

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$358

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