REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

135 N State St, Springfield, IL 62702

3 beds • 2 baths • 1627 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.25% first-year return on $50,781 initial cash invested.

8.25%

Cash On Cash

9.75%

Cap Rate

1.54

DSCR

$2,342

Rent

$349

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$156k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,781

Downpayment

20%

$31,220

Closing costs

1%

$1,561

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,342

Total Expenses

$1,993

Mortgage P&I

35%

$825

Property Taxes

14%

$324

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis