REI Lense

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$1,402 (target)

567 10th St, Wood River, IL 62095

3 beds • 2 baths • 1338 sqft

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This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $39,798 initial cash invested.

5.79%

Cash On Cash

9.41%

Cap Rate

1.44

DSCR

$1,402

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,402 income − $1,210 expenses = $192 cash flow

Income$1,402Mortgage P&I$56640%Property Taxes$1128%Insurance$564%Management$16812%CapEx$564%Vacancy$423%Maintenance$564%Other$15411%Cash Flow$192

Investment Breakdown

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Purchase Price

$104k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,798

Downpayment

20%

$20,760

Closing costs

1%

$1,038

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,402

Total Expenses

$1,210

Mortgage P&I

40%

$566

Property Taxes

8%

$112

Home Insurance

4%

$56

HOA

0%

$0

Property Management

12%

$168

CapEx

4%

$56

Vacancy

3%

$42

Maintenance

4%

$56

Other

11%

$154

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