REI Lense

REI Lense

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$1,429 (target)

1149 Bel Aire Dr, Rantoul, IL 61866

3 beds • 2 baths • 1220 sqft

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This property might be a fair Long-Term investment with a projected 6.13% first-year return on $27,783 initial cash invested.

6.13%

Cash On Cash

8.31%

Cap Rate

1.3

DSCR

$1,429

Rent

$142

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,429 income − $1,287 expenses = $142 cash flow

Income$1,429Mortgage P&I$70349%Property Taxes$16612%Insurance$473%Management$14310%CapEx$715%Vacancy$866%Maintenance$715%Cash Flow$142

Investment Breakdown

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Purchase Price

$132k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,783

Downpayment

20%

$26,460

Closing costs

1%

$1,323

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,429

Total Expenses

$1,287

Mortgage P&I

49%

$703

Property Taxes

12%

$166

Home Insurance

3%

$47

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$71

Vacancy

6%

$86

Maintenance

5%

$71

Other

0%

$0

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