REI Lense

REI Lense

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$1,540 (target)

702 W 12th St, Sterling, IL 61081

3 beds • 2 baths • 1683 sqft

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This property looks like a bad Long-Term investment with a projected -11.55% first-year return on $45,801 initial cash invested.

-11.55%

Cash On Cash

4.36%

Cap Rate

0.69

DSCR

$1,540

Rent

-$441

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,540 income − $1,981 expenses = $441 out of pocket

Income$1,540Out of Pocket$441Mortgage P&I$1,15775%Property Taxes$34522%Insurance$795%Management$15410%CapEx$775%Vacancy$926%Maintenance$775%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,801

Downpayment

20%

$43,620

Closing costs

1%

$2,181

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,540

Total Expenses

$1,981

Mortgage P&I

75%

$1,157

Property Taxes

22%

$345

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$154

CapEx

5%

$77

Vacancy

6%

$92

Maintenance

5%

$77

Other

0%

$0

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