REI Lense

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$1,424 (target)

1701 Lincoln Ave, Mendota, IL 61342

3 beds • 2 baths • 1332 sqft

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This property could be a profitable Long-Term investment with a projected 24.47% first-year return on $18,732 initial cash invested.

24.47%

Cash On Cash

12.65%

Cap Rate

1.93

DSCR

$1,424

Rent

$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $1,042 expenses = $382 cash flow

Income$1,424Mortgage P&I$48734%Property Taxes$13810%Insurance$483%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%Cash Flow$382

Investment Breakdown

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Purchase Price

$89,200

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,732

Downpayment

20%

$17,840

Closing costs

1%

$892

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,424

Total Expenses

$1,042

Mortgage P&I

34%

$487

Property Taxes

10%

$138

Home Insurance

3%

$48

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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