REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,020 (target)

150 Woodland Dr, Salem, IL 62881

3 beds • 3 baths • 2426 sqft

Email

This property might be a fair Mid-Term investment with a projected 5.56% first-year return on $72,495 initial cash invested.

5.56%

Cash On Cash

7.93%

Cap Rate

1.36

DSCR

$3,020

Rent

$336

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,020 income − $2,684 expenses = $336 cash flow

Income$3,020Mortgage P&I$1,25742%Property Taxes$30610%Insurance$943%Management$36212%CapEx$1214%Vacancy$913%Maintenance$1214%Other$33211%Cash Flow$336

Investment Breakdown

|

Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,495

Downpayment

20%

$51,900

Closing costs

1%

$2,595

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,020

Total Expenses

$2,684

Mortgage P&I

42%

$1,257

Property Taxes

10%

$306

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$362

CapEx

4%

$121

Vacancy

3%

$91

Maintenance

4%

$121

Other

11%

$332

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis