REI Lense

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$2,289 (target)

620 N Walnut St, Litchfield, IL 62056

3 beds • 2 baths • 1501 sqft

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This property might be a fair Mid-Term investment with a projected 5.18% first-year return on $55,779 initial cash invested.

5.18%

Cash On Cash

8.64%

Cap Rate

1.35

DSCR

$2,289

Rent

$241

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,289 income − $2,048 expenses = $241 cash flow

Income$2,289Mortgage P&I$96342%Property Taxes$24211%Insurance$633%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$241

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,779

Downpayment

20%

$35,980

Closing costs

1%

$1,799

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,289

Total Expenses

$2,048

Mortgage P&I

42%

$963

Property Taxes

11%

$242

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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