REI Lense

REI Lense

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$3,537 (target)

1669 Telemark Dr, Rockford, IL 61108

3 beds • 3 baths • 1880 sqft

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This property might be a fair Mid-Term investment with a projected 7.18% first-year return on $73,041 initial cash invested.

7.18%

Cash On Cash

8.69%

Cap Rate

1.44

DSCR

$3,537

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,041

Downpayment

20%

$52,420

Closing costs

1%

$2,621

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,537

Total Expenses

$3,100

Mortgage P&I

37%

$1,319

Property Taxes

14%

$487

Home Insurance

3%

$93

HOA

0%

$0

Property Management

12%

$424

CapEx

4%

$141

Vacancy

3%

$106

Maintenance

4%

$141

Other

11%

$389

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