REI Lense

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$2,362 (target)

538 Ingraham Ave, Calumet City, IL 60409

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Long-Term investment with a projected 38.75% first-year return on $22,050 initial cash invested.

38.75%

Cash On Cash

15.75%

Cap Rate

2.51

DSCR

$2,362

Rent

$712

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,362 income − $1,650 expenses = $712 cash flow

Income$2,362Mortgage P&I$54823%Property Taxes$45119%Insurance$372%Management$23610%CapEx$1185%Vacancy$1426%Maintenance$1185%Cash Flow$712

Investment Breakdown

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Purchase Price

$105k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$22,050

Downpayment

20%

$21,000

Closing costs

1%

$1,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,362

Total Expenses

$1,650

Mortgage P&I

23%

$548

Property Taxes

19%

$451

Home Insurance

2%

$37

HOA

0%

$0

Property Management

10%

$236

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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