REI Lense

REI Lense

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$1,348 (target)

910 N 22nd St, Quincy, IL 62301

3 beds • 2 baths • 1628 sqft

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This property looks like a bad Long-Term investment with a projected -6.58% first-year return on $36,267 initial cash invested.

-6.58%

Cash On Cash

5.45%

Cap Rate

0.86

DSCR

$1,348

Rent

-$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,348 income − $1,547 expenses = $199 out of pocket

Income$1,348Out of Pocket$199Mortgage P&I$91668%Property Taxes$21816%Insurance$635%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%

Investment Breakdown

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Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,267

Downpayment

20%

$34,540

Closing costs

1%

$1,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,348

Total Expenses

$1,547

Mortgage P&I

68%

$916

Property Taxes

16%

$218

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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