REI Lense

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$1,808 (target)

683 Glen Crossing Rd, Glen Carbon, IL 62034

3 beds • 2 baths • 1631 sqft

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This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $62,748 initial cash invested.

-12.68%

Cash On Cash

4.2%

Cap Rate

0.65

DSCR

$1,808

Rent

-$663

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,808 income − $2,471 expenses = $663 out of pocket

Income$1,808Out of Pocket$663Mortgage P&I$1,62090%Property Taxes$30017%Insurance$825%Management$18110%CapEx$905%Vacancy$1086%Maintenance$905%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,748

Downpayment

20%

$59,760

Closing costs

1%

$2,988

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,808

Total Expenses

$2,471

Mortgage P&I

90%

$1,620

Property Taxes

17%

$300

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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