REI Lense

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$3,629 (target)

8918 Parkside Ave, Morton Grove, IL 60053

3 beds • 2 baths • 2284 sqft

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This property looks like a bad Long-Term investment with a projected -12.64% first-year return on $130k initial cash invested.

-12.64%

Cash On Cash

3.79%

Cap Rate

0.62

DSCR

$3,629

Rent

-$1,371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,629 income − $5,000 expenses = $1,371 out of pocket

Income$3,629Out of Pocket$1,371Mortgage P&I$3,15087%Property Taxes$69019%Insurance$2176%Management$36310%CapEx$1815%Vacancy$2186%Maintenance$1815%

Investment Breakdown

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Purchase Price

$620k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$130k

Downpayment

20%

$124k

Closing costs

1%

$6,199

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,629

Total Expenses

$5,000

Mortgage P&I

87%

$3,150

Property Taxes

19%

$690

Home Insurance

6%

$217

HOA

0%

$0

Property Management

10%

$363

CapEx

5%

$181

Vacancy

6%

$218

Maintenance

5%

$181

Other

0%

$0

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