REI Lense

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$2,928 (target)

1 County Rd, Chatham, IL 62629

3 beds • 3 baths • 1504 sqft

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This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $68,883 initial cash invested.

5.05%

Cash On Cash

8.45%

Cap Rate

1.31

DSCR

$2,928

Rent

$290

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,928 income − $2,638 expenses = $290 cash flow

Income$2,928Mortgage P&I$1,29944%Property Taxes$2569%Insurance$883%Management$35112%CapEx$1174%Vacancy$883%Maintenance$1174%Other$32211%Cash Flow$290

Investment Breakdown

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Purchase Price

$242k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,883

Downpayment

20%

$48,460

Closing costs

1%

$2,423

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,928

Total Expenses

$2,638

Mortgage P&I

44%

$1,299

Property Taxes

9%

$256

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$351

CapEx

4%

$117

Vacancy

3%

$88

Maintenance

4%

$117

Other

11%

$322

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