REI Lense

REI Lense

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$1,568 (target)

1211 N Park St, Streator, IL 61364

3 beds • 2 baths • 1220 sqft

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This property might be a fair Long-Term investment with a projected 4.25% first-year return on $31,647 initial cash invested.

4.25%

Cash On Cash

7.6%

Cap Rate

1.25

DSCR

$1,568

Rent

$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,568 income − $1,456 expenses = $112 cash flow

Income$1,568Mortgage P&I$76549%Property Taxes$26117%Insurance$231%Management$15710%CapEx$785%Vacancy$946%Maintenance$785%Cash Flow$112

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,647

Downpayment

20%

$30,140

Closing costs

1%

$1,507

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,568

Total Expenses

$1,456

Mortgage P&I

49%

$765

Property Taxes

17%

$261

Home Insurance

1%

$23

HOA

0%

$0

Property Management

10%

$157

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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