REI Lense

REI Lense

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$1,526 (target)

620 N Walnut St, Litchfield, IL 62056

3 beds • 2 baths • 1501 sqft

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This property looks like a bad Long-Term investment with a projected -4.42% first-year return on $37,779 initial cash invested.

-4.42%

Cash On Cash

6%

Cap Rate

0.93

DSCR

$1,526

Rent

-$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,526 income − $1,665 expenses = $139 out of pocket

Income$1,526Out of Pocket$139Mortgage P&I$96363%Property Taxes$24216%Insurance$634%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

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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

$1,526

Total Expenses

$1,665

Mortgage P&I

63%

$963

Property Taxes

16%

$242

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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