REI Lense

REI Lense

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$1,257 (target)

755 Klein Dr, Smithton, IL 62285

3 beds • 3 baths • 2254 sqft

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This property looks like a bad Long-Term investment with a projected -17.33% first-year return on $52,479 initial cash invested.

-17.33%

Cash On Cash

3.15%

Cap Rate

0.49

DSCR

$1,257

Rent

-$758

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,257 income − $2,015 expenses = $758 out of pocket

Income$1,257Out of Pocket$758Mortgage P&I$1,350107%Property Taxes$25020%Insurance$887%Management$12610%CapEx$635%Vacancy$756%Maintenance$635%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,257

Total Expenses

$2,015

Mortgage P&I

107%

$1,350

Property Taxes

20%

$250

Home Insurance

7%

$88

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$75

Maintenance

5%

$63

Other

0%

$0

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