REI Lense

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$2,400 (target)

1114 W Lynwood Ct, Freeport, IL 61032

3 beds • 3 baths • 1421 sqft

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This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $57,690 initial cash invested.

4.26%

Cash On Cash

8.44%

Cap Rate

1.29

DSCR

$2,400

Rent

$205

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,400 income − $2,195 expenses = $205 cash flow

Income$2,400Mortgage P&I$1,02843%Property Taxes$28512%Insurance$663%Management$28812%CapEx$964%Vacancy$723%Maintenance$964%Other$26411%Cash Flow$205

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,690

Downpayment

20%

$37,800

Closing costs

1%

$1,890

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,400

Total Expenses

$2,195

Mortgage P&I

43%

$1,028

Property Taxes

12%

$285

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$288

CapEx

4%

$96

Vacancy

3%

$72

Maintenance

4%

$96

Other

11%

$264

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