REI Lense

REI Lense

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$1,688 (target)

713 Savannah Ave, Herrin, IL 62948

3 beds • 3 baths • 1980 sqft

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This property might be a fair Long-Term investment with a projected 0.13% first-year return on $35,679 initial cash invested.

0.13%

Cash On Cash

6.97%

Cap Rate

1.1

DSCR

$1,688

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,688 income − $1,684 expenses = $4 cash flow

Income$1,688Mortgage P&I$89953%Property Taxes$28717%Insurance$604%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%Cash Flow$4

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,679

Downpayment

20%

$33,980

Closing costs

1%

$1,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,688

Total Expenses

$1,684

Mortgage P&I

53%

$899

Property Taxes

17%

$287

Home Insurance

4%

$60

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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