REI Lense

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$1,959 (target)

1358 Empire Ct, Freeport, IL 61032

3 beds • 2 baths • 1532 sqft

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This property might be a fair Mid-Term investment with a projected 0.37% first-year return on $58,719 initial cash invested.

0.37%

Cash On Cash

7.09%

Cap Rate

1.09

DSCR

$1,959

Rent

$18

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,959 income − $1,941 expenses = $18 cash flow

Income$1,959Mortgage P&I$1,05054%Property Taxes$1568%Insurance$704%Management$23512%CapEx$784%Vacancy$593%Maintenance$784%Other$21511%Cash Flow$18

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,719

Downpayment

20%

$38,780

Closing costs

1%

$1,939

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,959

Total Expenses

$1,941

Mortgage P&I

54%

$1,050

Property Taxes

8%

$156

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$235

CapEx

4%

$78

Vacancy

3%

$59

Maintenance

4%

$78

Other

11%

$215

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