REI Lense

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$2,140 (target)

713 S Jackson St, Litchfield, IL 62056

3 beds • 2 baths • 1599 sqft

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This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $52,881 initial cash invested.

2.86%

Cash On Cash

8.11%

Cap Rate

1.23

DSCR

$2,140

Rent

$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,140 income − $2,014 expenses = $126 cash flow

Income$2,140Mortgage P&I$91043%Property Taxes$31615%Insurance$603%Management$25712%CapEx$864%Vacancy$643%Maintenance$864%Other$23511%Cash Flow$126

Investment Breakdown

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Purchase Price

$166k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,881

Downpayment

20%

$33,220

Closing costs

1%

$1,661

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,140

Total Expenses

$2,014

Mortgage P&I

43%

$910

Property Taxes

15%

$316

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$257

CapEx

4%

$86

Vacancy

3%

$64

Maintenance

4%

$86

Other

11%

$235

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