REI Lense

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$2,708 (target)

8421 Beane Ln, Alton, IL 62002

3 beds • 2 baths • 1040 sqft

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This property looks like a bad Mid-Term investment with a projected -4.95% first-year return on $82,890 initial cash invested.

-4.95%

Cash On Cash

5.8%

Cap Rate

0.86

DSCR

$2,708

Rent

-$342

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,708 income − $3,050 expenses = $342 out of pocket

Income$2,708Out of Pocket$342Mortgage P&I$1,72864%Property Taxes$30211%Insurance$1004%Management$32512%CapEx$1084%Vacancy$813%Maintenance$1084%Other$29811%

Investment Breakdown

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Purchase Price

$309k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,890

Downpayment

20%

$61,800

Closing costs

1%

$3,090

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,708

Total Expenses

$3,050

Mortgage P&I

64%

$1,728

Property Taxes

11%

$302

Home Insurance

4%

$100

HOA

0%

$0

Property Management

12%

$325

CapEx

4%

$108

Vacancy

3%

$81

Maintenance

4%

$108

Other

11%

$298

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