REI Lense

REI Lense

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$1,301 (target)

920 N 8th Ave, Canton, IL 61520

3 beds • 2 baths • 1692 sqft

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This property looks like a bad Long-Term investment with a projected -12.6% first-year return on $36,855 initial cash invested.

-12.6%

Cash On Cash

4.18%

Cap Rate

0.66

DSCR

$1,301

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,301 income − $1,688 expenses = $387 out of pocket

Income$1,301Out of Pocket$387Mortgage P&I$93472%Property Taxes$35027%Insurance$665%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$176k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,855

Downpayment

20%

$35,100

Closing costs

1%

$1,755

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,301

Total Expenses

$1,688

Mortgage P&I

72%

$934

Property Taxes

27%

$350

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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