REI Lense

REI Lense

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$2,218 (target)

992 Vermont Ave, Collinsville, IL 62234

3 beds • 3 baths • 1872 sqft

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This property looks like a bad Long-Term investment with a projected -3.81% first-year return on $54,453 initial cash invested.

-3.81%

Cash On Cash

5.86%

Cap Rate

0.95

DSCR

$2,218

Rent

-$173

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,218 income − $2,391 expenses = $173 out of pocket

Income$2,218Out of Pocket$173Mortgage P&I$1,32860%Property Taxes$39018%Insurance$924%HOA$4Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,453

Downpayment

20%

$51,860

Closing costs

1%

$2,593

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,218

Total Expenses

$2,391

Mortgage P&I

60%

$1,328

Property Taxes

18%

$390

Home Insurance

4%

$92

HOA

0%

$4

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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