REI Lense

REI Lense

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$2,414 (target)

701 E Esther St, Taylorville, IL 62568

3 beds • 2 baths • 1412 sqft

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This property might be a fair Mid-Term investment with a projected 5% first-year return on $55,653 initial cash invested.

5%

Cash On Cash

8.75%

Cap Rate

1.34

DSCR

$2,414

Rent

$232

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,414 income − $2,182 expenses = $232 cash flow

Income$2,414Mortgage P&I$97941%Property Taxes$31613%Insurance$653%Management$29012%CapEx$974%Vacancy$723%Maintenance$974%Other$26611%Cash Flow$232

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,653

Downpayment

20%

$35,860

Closing costs

1%

$1,793

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,414

Total Expenses

$2,182

Mortgage P&I

41%

$979

Property Taxes

13%

$316

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$290

CapEx

4%

$97

Vacancy

3%

$72

Maintenance

4%

$97

Other

11%

$266

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