REI Lense

REI Lense

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$3,198 (target)

808 Applewood Creek Dr, Fairview Heights, IL 62208

3 beds • 2 baths • 1621 sqft

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This property looks like a bad Mid-Term investment with a projected -6.11% first-year return on $98,850 initial cash invested.

-6.11%

Cash On Cash

4.8%

Cap Rate

0.8

DSCR

$3,198

Rent

-$503

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,198 income − $3,701 expenses = $503 out of pocket

Income$3,198Out of Pocket$503Mortgage P&I$1,91560%Property Taxes$52516%Insurance$1354%HOA$381%Management$38412%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35211%

Investment Breakdown

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Purchase Price

$385k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,850

Downpayment

20%

$77,000

Closing costs

1%

$3,850

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,198

Total Expenses

$3,701

Mortgage P&I

60%

$1,915

Property Taxes

16%

$525

Home Insurance

4%

$135

HOA

1%

$38

Property Management

12%

$384

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$352

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