REI Lense

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$2,103 (target)

10 Leeds Dr, Springfield, IL 62702

3 beds • 2 baths • 1100 sqft

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This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $53,280 initial cash invested.

2.27%

Cash On Cash

7.84%

Cap Rate

1.2

DSCR

$2,103

Rent

$101

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,103 income − $2,002 expenses = $101 cash flow

Income$2,103Mortgage P&I$91243%Property Taxes$30615%Insurance$703%Management$25212%CapEx$844%Vacancy$633%Maintenance$844%Other$23111%Cash Flow$101

Investment Breakdown

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Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,280

Downpayment

20%

$33,600

Closing costs

1%

$1,680

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,103

Total Expenses

$2,002

Mortgage P&I

43%

$912

Property Taxes

15%

$306

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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