REI Lense

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$1,830 (target)

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

3 beds • 2 baths • 1488 sqft

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This property might be a fair Mid-Term investment with a projected 3.25% first-year return on $50,235 initial cash invested.

3.25%

Cash On Cash

8.08%

Cap Rate

1.25

DSCR

$1,830

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,830 income − $1,694 expenses = $136 cash flow

Income$1,830Mortgage P&I$82545%Property Taxes$18610%Insurance$613%Management$22012%CapEx$734%Vacancy$553%Maintenance$734%Other$20111%Cash Flow$136

Investment Breakdown

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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

$1,830

Total Expenses

$1,694

Mortgage P&I

45%

$825

Property Taxes

10%

$186

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$220

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$201

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