REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,641 (target)

116 N Griffin St, Macomb, IL 61455

3 beds • 2 baths • 1350 sqft

Email

This property could be a profitable Mid-Term investment with a projected 38.3% first-year return on $24,279 initial cash invested.

38.3%

Cash On Cash

39.85%

Cap Rate

6.53

DSCR

$1,641

Rent

$775

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,641 income − $866 expenses = $775 cash flow

Income$1,641Mortgage P&I$1529%Property Taxes$1459%Insurance$101%Management$19712%CapEx$664%Vacancy$493%Maintenance$664%Other$18111%Cash Flow$775

Investment Breakdown

|

Purchase Price

$29,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,279

Downpayment

20%

$5,980

Closing costs

1%

$299

Rehab

0%

$0

Furnishing

60%

$18,000

Cashflow

Total Income

$1,641

Total Expenses

$866

Mortgage P&I

9%

$152

Property Taxes

9%

$145

Home Insurance

1%

$10

HOA

0%

$0

Property Management

12%

$197

CapEx

4%

$66

Vacancy

3%

$49

Maintenance

4%

$66

Other

11%

$181

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis