REI Lense

REI Lense

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$3,141 (target)

117 N Highland Ave, Rockford, IL 61107

3 beds • 2 baths • 2453 sqft

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This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $72,663 initial cash invested.

0.54%

Cash On Cash

6.64%

Cap Rate

1.12

DSCR

$3,141

Rent

$33

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,663

Downpayment

20%

$52,060

Closing costs

1%

$2,603

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,141

Total Expenses

$3,108

Mortgage P&I

41%

$1,281

Property Taxes

21%

$666

Home Insurance

3%

$92

HOA

0%

$0

Property Management

12%

$377

CapEx

4%

$126

Vacancy

3%

$94

Maintenance

4%

$126

Other

11%

$346

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