REI Lense

REI Lense

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$2,247 (target)

1346 Empire Ct, Freeport, IL 61032

3 beds • 3 baths • 1818 sqft

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This property might be a fair Mid-Term investment with a projected 5.21% first-year return on $49,500 initial cash invested.

5.21%

Cash On Cash

9.04%

Cap Rate

1.37

DSCR

$2,247

Rent

$215

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,247 income − $2,032 expenses = $215 cash flow

Income$2,247Mortgage P&I$82537%Property Taxes$39117%Insurance$522%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$215

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,247

Total Expenses

$2,032

Mortgage P&I

37%

$825

Property Taxes

17%

$391

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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