REI Lense

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$2,301 (target)

1022 13th Ave, Fulton, IL 61252

3 beds • 2 baths • 2449 sqft

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This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $57,963 initial cash invested.

3.06%

Cash On Cash

7.88%

Cap Rate

1.24

DSCR

$2,301

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,301 income − $2,153 expenses = $148 cash flow

Income$2,301Mortgage P&I$1,01044%Property Taxes$29313%Insurance$683%Management$27612%CapEx$924%Vacancy$693%Maintenance$924%Other$25311%Cash Flow$148

Investment Breakdown

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Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,963

Downpayment

20%

$38,060

Closing costs

1%

$1,903

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,301

Total Expenses

$2,153

Mortgage P&I

44%

$1,010

Property Taxes

13%

$293

Home Insurance

3%

$68

HOA

0%

$0

Property Management

12%

$276

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$253

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