REI Lense

REI Lense

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$2,439 (target)

1203 E 24th Pl, Sterling, IL 61081

3 beds • 2 baths • 2005 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $60,315 initial cash invested.

1.01%

Cash On Cash

7.09%

Cap Rate

1.14

DSCR

$2,439

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$202k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,439

Total Expenses

$2,388

Mortgage P&I

43%

$1,042

Property Taxes

18%

$444

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$293

CapEx

4%

$98

Vacancy

3%

$73

Maintenance

4%

$98

Other

11%

$268

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