REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,946 (target)

126 Penny Ln, Macomb, IL 61455

3 beds • 2 baths • 1217 sqft

Email

This property could be a profitable Mid-Term investment with a projected 17.54% first-year return on $37,761 initial cash invested.

17.54%

Cash On Cash

14.3%

Cap Rate

2.28

DSCR

$1,946

Rent

$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,946 income − $1,394 expenses = $552 cash flow

Income$1,946Mortgage P&I$49125%Property Taxes$20110%Insurance$402%Management$23412%CapEx$784%Vacancy$583%Maintenance$784%Other$21411%Cash Flow$552

Investment Breakdown

|

Purchase Price

$94,100

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,761

Downpayment

20%

$18,820

Closing costs

1%

$941

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$1,946

Total Expenses

$1,394

Mortgage P&I

25%

$491

Property Taxes

10%

$201

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis