REI Lense

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$3,327 (target)

992 Vermont Ave, Collinsville, IL 62234

3 beds • 3 baths • 1872 sqft

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This property might be a fair Mid-Term investment with a projected 6.33% first-year return on $72,453 initial cash invested.

6.33%

Cash On Cash

8.53%

Cap Rate

1.39

DSCR

$3,327

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,327 income − $2,945 expenses = $382 cash flow

Income$3,327Mortgage P&I$1,32840%Property Taxes$39012%Insurance$923%HOA$4Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%Cash Flow$382

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,453

Downpayment

20%

$51,860

Closing costs

1%

$2,593

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,327

Total Expenses

$2,945

Mortgage P&I

40%

$1,328

Property Taxes

12%

$390

Home Insurance

3%

$92

HOA

0%

$4

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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