REI Lense

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$830 (target)

725 N Lafayette St, Macomb, IL 61455

3 beds • 2 baths • 1788 sqft

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This property could be a profitable Long-Term investment with a projected 18.84% first-year return on $11,718 initial cash invested.

18.84%

Cash On Cash

11.01%

Cap Rate

1.79

DSCR

$830

Rent

$184

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$830 income − $646 expenses = $184 cash flow

Income$830Mortgage P&I$28634%Property Taxes$10312%Insurance$405%Management$8310%CapEx$425%Vacancy$506%Maintenance$425%Cash Flow$184

Investment Breakdown

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Purchase Price

$55,800

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$11,718

Downpayment

20%

$11,160

Closing costs

1%

$558

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$830

Total Expenses

$646

Mortgage P&I

34%

$286

Property Taxes

12%

$103

Home Insurance

5%

$40

HOA

0%

$0

Property Management

10%

$83

CapEx

5%

$42

Vacancy

6%

$50

Maintenance

5%

$42

Other

0%

$0

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