REI Lense

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$4,218 (target)

645 Morton St, Hoffman Estates, IL 60169

3 beds • 2 baths • 1354 sqft

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This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $95,973 initial cash invested.

1.64%

Cash On Cash

6.94%

Cap Rate

1.16

DSCR

$4,218

Rent

$131

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,218 income − $4,087 expenses = $131 cash flow

Income$4,218Mortgage P&I$1,84844%Property Taxes$66416%Insurance$1403%Management$50612%CapEx$1694%Vacancy$1273%Maintenance$1694%Other$46411%Cash Flow$131

Investment Breakdown

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Purchase Price

$371k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,973

Downpayment

20%

$74,260

Closing costs

1%

$3,713

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,218

Total Expenses

$4,087

Mortgage P&I

44%

$1,848

Property Taxes

16%

$664

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$506

CapEx

4%

$169

Vacancy

3%

$127

Maintenance

4%

$169

Other

11%

$464

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