REI Lense

REI Lense

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$2,506 (target)

8 Dunlap Cove Ct S, Edwardsville, IL 62025

3 beds • 3 baths • 1909 sqft

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This property looks like a bad Long-Term investment with a projected -10.61% first-year return on $75,327 initial cash invested.

-10.61%

Cash On Cash

4.29%

Cap Rate

0.7

DSCR

$2,506

Rent

-$666

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,506 income − $3,172 expenses = $666 out of pocket

Income$2,506Out of Pocket$666Mortgage P&I$1,82273%Property Taxes$57123%Insurance$1285%Management$25110%CapEx$1255%Vacancy$1506%Maintenance$1255%

Investment Breakdown

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Purchase Price

$359k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,327

Downpayment

20%

$71,740

Closing costs

1%

$3,587

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,506

Total Expenses

$3,172

Mortgage P&I

73%

$1,822

Property Taxes

23%

$571

Home Insurance

5%

$128

HOA

0%

$0

Property Management

10%

$251

CapEx

5%

$125

Vacancy

6%

$150

Maintenance

5%

$125

Other

0%

$0

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