REI Lense

REI Lense

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$3,770 (target)

631 Pierce Ct, Grayslake, IL 60030

3 beds • 2 baths • 1056 sqft

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This property looks like a bad Mid-Term investment with a projected -0.15% first-year return on $87,930 initial cash invested.

-0.15%

Cash On Cash

6.5%

Cap Rate

1.08

DSCR

$3,770

Rent

-$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,770 income − $3,781 expenses = $11 out of pocket

Income$3,770Out of Pocket$11Mortgage P&I$1,66544%Property Taxes$71519%Insurance$1193%Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41511%

Investment Breakdown

|

Purchase Price

$333k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,930

Downpayment

20%

$66,600

Closing costs

1%

$3,330

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,770

Total Expenses

$3,781

Mortgage P&I

44%

$1,665

Property Taxes

19%

$715

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$415

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