REI Lense

REI Lense

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$2,136 (target)

1517 W Oak St, Herrin, IL 62948

3 beds • 2 baths • 1824 sqft

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This property could be a profitable Mid-Term investment with a projected 22.41% first-year return on $41,079 initial cash invested.

22.41%

Cash On Cash

15.4%

Cap Rate

2.53

DSCR

$2,136

Rent

$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,079

Downpayment

20%

$21,980

Closing costs

1%

$1,099

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,136

Total Expenses

$1,369

Mortgage P&I

26%

$558

Property Taxes

2%

$48

Home Insurance

2%

$38

HOA

0%

$0

Property Management

12%

$256

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$235

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