REI Lense

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$1,581 (target)

619 S Surrey Ln, Carbondale, IL 62901

3 beds • 2 baths • 1542 sqft

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This property looks like a bad Long-Term investment with a projected -10.96% first-year return on $37,779 initial cash invested.

-10.96%

Cash On Cash

4.68%

Cap Rate

0.73

DSCR

$1,581

Rent

-$345

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,581 income − $1,926 expenses = $345 out of pocket

Income$1,581Out of Pocket$345Mortgage P&I$96861%Property Taxes$48230%Insurance$654%Management$15810%CapEx$795%Vacancy$956%Maintenance$795%

Investment Breakdown

|

Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,581

Total Expenses

$1,926

Mortgage P&I

61%

$968

Property Taxes

30%

$482

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$158

CapEx

5%

$79

Vacancy

6%

$95

Maintenance

5%

$79

Other

0%

$0

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