REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,487 (target)

1108 W Lafayette St, Ottawa, IL 61350

3 beds • 2 baths • 1216 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $53,952 initial cash invested.

7.74%

Cash On Cash

9.44%

Cap Rate

1.5

DSCR

$2,487

Rent

$348

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $2,139 expenses = $348 cash flow

Income$2,487Mortgage P&I$90036%Property Taxes$33313%Insurance$612%Management$29812%CapEx$994%Vacancy$753%Maintenance$994%Other$27411%Cash Flow$348

Investment Breakdown

|

Purchase Price

$171k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,952

Downpayment

20%

$34,240

Closing costs

1%

$1,712

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,487

Total Expenses

$2,139

Mortgage P&I

36%

$900

Property Taxes

13%

$333

Home Insurance

2%

$61

HOA

0%

$0

Property Management

12%

$298

CapEx

4%

$99

Vacancy

3%

$75

Maintenance

4%

$99

Other

11%

$274

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis