REI Lense

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$6,267 (target)

9300 State Route 124, Sherman, IL 62684

3 beds • 4 baths • 4444 sqft

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This property looks like a bad Mid-Term investment with a projected -5.52% first-year return on $173k initial cash invested.

-5.52%

Cash On Cash

4.95%

Cap Rate

0.85

DSCR

$6,267

Rent

-$797

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,267 income − $7,064 expenses = $797 out of pocket

Income$6,267Out of Pocket$797Mortgage P&I$3,60057%Property Taxes$1,07417%Insurance$2594%Management$75212%CapEx$2514%Vacancy$1883%Maintenance$2514%Other$68911%

Investment Breakdown

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Purchase Price

$740k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$173k

Downpayment

20%

$148k

Closing costs

1%

$7,400

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,267

Total Expenses

$7,064

Mortgage P&I

57%

$3,600

Property Taxes

17%

$1,074

Home Insurance

4%

$259

HOA

0%

$0

Property Management

12%

$752

CapEx

4%

$251

Vacancy

3%

$188

Maintenance

4%

$251

Other

11%

$689

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