REI Lense

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$2,022 (target)

910 N 22nd St, Quincy, IL 62301

3 beds • 2 baths • 1628 sqft

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This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $54,267 initial cash invested.

3.03%

Cash On Cash

7.88%

Cap Rate

1.24

DSCR

$2,022

Rent

$137

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,022 income − $1,885 expenses = $137 cash flow

Income$2,022Mortgage P&I$91645%Property Taxes$21811%Insurance$633%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22211%Cash Flow$137

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,267

Downpayment

20%

$34,540

Closing costs

1%

$1,727

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,022

Total Expenses

$1,885

Mortgage P&I

45%

$916

Property Taxes

11%

$218

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$222

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