REI Lense

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$2,622 (target)

707 E 9th St, Lockport, IL 60441

3 beds • 2 baths • 1205 sqft

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This property looks like a bad Long-Term investment with a projected -3.17% first-year return on $66,150 initial cash invested.

-3.17%

Cash On Cash

5.81%

Cap Rate

0.97

DSCR

$2,622

Rent

-$175

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,622 income − $2,797 expenses = $175 out of pocket

Income$2,622Out of Pocket$175Mortgage P&I$1,56860%Property Taxes$43817%Insurance$1104%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$315k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,150

Downpayment

20%

$63,000

Closing costs

1%

$3,150

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,622

Total Expenses

$2,797

Mortgage P&I

60%

$1,568

Property Taxes

17%

$438

Home Insurance

4%

$110

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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