REI Lense

REI Lense

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$2,556 (target)

1304 Greenridge Dr, Urbana, IL 61802

3 beds • 2 baths • 1158 sqft

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This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $61,008 initial cash invested.

3.19%

Cash On Cash

7.82%

Cap Rate

1.25

DSCR

$2,556

Rent

$162

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,008

Downpayment

20%

$40,960

Closing costs

1%

$2,048

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,556

Total Expenses

$2,394

Mortgage P&I

42%

$1,071

Property Taxes

15%

$380

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$307

CapEx

4%

$102

Vacancy

3%

$77

Maintenance

4%

$102

Other

11%

$281

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