REI Lense

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$2,906 (target)

826 E 194th St, Glenwood, IL 60425

3 beds • 2 baths • 1634 sqft

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This property might be a fair Long-Term investment with a projected 4.23% first-year return on $46,200 initial cash invested.

4.23%

Cash On Cash

8.03%

Cap Rate

1.26

DSCR

$2,906

Rent

$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,906 income − $2,743 expenses = $163 cash flow

Income$2,906Mortgage P&I$1,16440%Property Taxes$74726%Insurance$773%Management$29110%CapEx$1455%Vacancy$1746%Maintenance$1455%Cash Flow$163

Investment Breakdown

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Purchase Price

$220k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,200

Downpayment

20%

$44,000

Closing costs

1%

$2,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,906

Total Expenses

$2,743

Mortgage P&I

40%

$1,164

Property Taxes

26%

$747

Home Insurance

3%

$77

HOA

0%

$0

Property Management

10%

$291

CapEx

5%

$145

Vacancy

6%

$174

Maintenance

5%

$145

Other

0%

$0

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