REI Lense

REI Lense

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Target property

700 E 1st South St, Mount Olive, IL 62069

3 beds • 2 baths • 1488 sqft

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This property looks like a bad Airbnb investment with a projected -25.61% first-year return on $50,235 initial cash invested.

-25.61%

Cash On Cash

-1.93%

Cap Rate

-0.3

DSCR

$0

Rent

-$1,072

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,072 expenses = $1,072 out of pocket

Income$0Out of Pocket$1,072Mortgage P&I$825Property Taxes$186Insurance$61

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,235

Downpayment

20%

$30,700

Closing costs

1%

$1,535

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,072

Mortgage P&I

8250000%

$825

Property Taxes

1860000%

$186

Home Insurance

610000%

$61

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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