REI Lense

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$1,646 (target)

8 Highview Dr, Jacksonville, IL 62650

3 beds • 2 baths • 1800 sqft

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This property could be a profitable Long-Term investment with a projected 16.01% first-year return on $26,229 initial cash invested.

16.01%

Cash On Cash

10.24%

Cap Rate

1.68

DSCR

$1,646

Rent

$350

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,646 income − $1,296 expenses = $350 cash flow

Income$1,646Mortgage P&I$63439%Property Taxes$19012%Insurance$443%Management$16510%CapEx$825%Vacancy$996%Maintenance$825%Cash Flow$350

Investment Breakdown

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Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,229

Downpayment

20%

$24,980

Closing costs

1%

$1,249

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,646

Total Expenses

$1,296

Mortgage P&I

39%

$634

Property Taxes

12%

$190

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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