REI Lense

REI Lense

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$2,272 (target)

8506 McVicker Ave, Burbank, IL 60459

3 beds • 2 baths • 1319 sqft

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This property might be a fair Long-Term investment with a projected 5.99% first-year return on $34,650 initial cash invested.

5.99%

Cash On Cash

8.47%

Cap Rate

1.33

DSCR

$2,272

Rent

$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,272 income − $2,099 expenses = $173 cash flow

Income$2,272Mortgage P&I$87739%Property Taxes$57325%Insurance$583%Management$22710%CapEx$1145%Vacancy$1366%Maintenance$1145%Cash Flow$173

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,272

Total Expenses

$2,099

Mortgage P&I

39%

$877

Property Taxes

25%

$573

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$227

CapEx

5%

$114

Vacancy

6%

$136

Maintenance

5%

$114

Other

0%

$0

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