REI Lense

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$3,735 (target)

601 S West St, Tremont, IL 61568

3 beds • 3 baths • 3230 sqft

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This property looks like a bad Mid-Term investment with a projected -0.06% first-year return on $97,527 initial cash invested.

-0.06%

Cash On Cash

6.45%

Cap Rate

1.08

DSCR

$3,735

Rent

-$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,735 income − $3,740 expenses = $5 out of pocket

Income$3,735Out of Pocket$5Mortgage P&I$1,89051%Property Taxes$44112%Insurance$1404%Management$44812%CapEx$1494%Vacancy$1123%Maintenance$1494%Other$41111%

Investment Breakdown

|

Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,527

Downpayment

20%

$75,740

Closing costs

1%

$3,787

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,735

Total Expenses

$3,740

Mortgage P&I

51%

$1,890

Property Taxes

12%

$441

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$448

CapEx

4%

$149

Vacancy

3%

$112

Maintenance

4%

$149

Other

11%

$411

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