REI Lense

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$3,402 (target)

607 Spring Mnr, O'Fallon, MO 63368

3 beds • 4 baths • 1761 sqft

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This property might be a fair Mid-Term investment with a projected 3.67% first-year return on $82,827 initial cash invested.

3.67%

Cash On Cash

7.64%

Cap Rate

1.25

DSCR

$3,402

Rent

$253

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,402 income − $3,149 expenses = $253 cash flow

Income$3,402Mortgage P&I$1,57646%Property Taxes$2688%Insurance$1163%HOA$331%Management$40812%CapEx$1364%Vacancy$1023%Maintenance$1364%Other$37411%Cash Flow$253

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,827

Downpayment

20%

$61,740

Closing costs

1%

$3,087

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,402

Total Expenses

$3,149

Mortgage P&I

46%

$1,576

Property Taxes

8%

$268

Home Insurance

3%

$116

HOA

1%

$33

Property Management

12%

$408

CapEx

4%

$136

Vacancy

3%

$102

Maintenance

4%

$136

Other

11%

$374

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