REI Lense

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$6,303 (target)

9655 Ramblin Ridge Rd, Belvidere, IL 61008

3 beds • 4 baths • 4042 sqft

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This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $124k initial cash invested.

4.95%

Cash On Cash

7.87%

Cap Rate

1.3

DSCR

$6,303

Rent

$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,303 income − $5,791 expenses = $512 cash flow

Income$6,303Mortgage P&I$2,55240%Property Taxes$91314%Insurance$1843%Management$75612%CapEx$2524%Vacancy$1893%Maintenance$2524%Other$69311%Cash Flow$512

Investment Breakdown

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Purchase Price

$506k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$124k

Downpayment

20%

$101k

Closing costs

1%

$5,058

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$6,303

Total Expenses

$5,791

Mortgage P&I

40%

$2,552

Property Taxes

14%

$913

Home Insurance

3%

$184

HOA

0%

$0

Property Management

12%

$756

CapEx

4%

$252

Vacancy

3%

$189

Maintenance

4%

$252

Other

11%

$693

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