REI Lense

REI Lense

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$1,652 (target)

1526 W Lincoln Blvd, Freeport, IL 61032

3 beds • 2 baths • 1307 sqft

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This property might be a fair Long-Term investment with a projected 6.31% first-year return on $30,450 initial cash invested.

6.31%

Cash On Cash

8.43%

Cap Rate

1.31

DSCR

$1,652

Rent

$160

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,652 income − $1,492 expenses = $160 cash flow

Income$1,652Mortgage P&I$77647%Property Taxes$23514%Insurance$513%Management$16510%CapEx$835%Vacancy$996%Maintenance$835%Cash Flow$160

Investment Breakdown

|

Purchase Price

$145k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,450

Downpayment

20%

$29,000

Closing costs

1%

$1,450

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,652

Total Expenses

$1,492

Mortgage P&I

47%

$776

Property Taxes

14%

$235

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$165

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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