REI Lense

REI Lense

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Target property

604 Gladstone St, Jacksonville, IL 62650

3 beds • 2 baths • 1156 sqft

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This property looks like a bad Airbnb investment with a projected -23.96% first-year return on $46,371 initial cash invested.

-23.96%

Cash On Cash

-2.25%

Cap Rate

-0.38

DSCR

$0

Rent

-$926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $926 expenses = $926 out of pocket

Income$0Out of Pocket$926Mortgage P&I$673Property Taxes$210Insurance$43

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,371

Downpayment

20%

$27,020

Closing costs

1%

$1,351

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$0

Total Expenses

$926

Mortgage P&I

6730000%

$673

Property Taxes

2100000%

$210

Home Insurance

430000%

$43

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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