REI Lense

REI Lense

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$1,557 (target)

608 Greenridge Dr, Sterling, IL 61081

3 beds • 3 baths • 1380 sqft

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This property looks like a bad Long-Term investment with a projected -12.23% first-year return on $40,803 initial cash invested.

-12.23%

Cash On Cash

4.32%

Cap Rate

0.67

DSCR

$1,557

Rent

-$416

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,803

Downpayment

20%

$38,860

Closing costs

1%

$1,943

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,557

Total Expenses

$1,973

Mortgage P&I

67%

$1,037

Property Taxes

30%

$462

Home Insurance

4%

$69

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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