REI Lense

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$4,296 (target)

704 N Wilshire Dr, Mount Prospect, IL 60056

3 beds • 2 baths • 1206 sqft

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This property looks like a bad Mid-Term investment with a projected -3.75% first-year return on $107k initial cash invested.

-3.75%

Cash On Cash

5.59%

Cap Rate

0.92

DSCR

$4,296

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,296 income − $4,631 expenses = $335 out of pocket

Income$4,296Out of Pocket$335Mortgage P&I$2,14550%Property Taxes$87220%Insurance$1524%Management$51612%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47311%

Investment Breakdown

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Purchase Price

$425k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$107k

Downpayment

20%

$85,040

Closing costs

1%

$4,252

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,296

Total Expenses

$4,631

Mortgage P&I

50%

$2,145

Property Taxes

20%

$872

Home Insurance

4%

$152

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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