REI Lense

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$2,178 (target)

1704 W Jackson St, Springfield, IL 62704

3 beds • 2 baths • 2638 sqft

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This property might be a fair Long-Term investment with a projected 0.13% first-year return on $45,612 initial cash invested.

0.13%

Cash On Cash

6.97%

Cap Rate

1.1

DSCR

$2,178

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,178 income − $2,173 expenses = $5 cash flow

Income$2,178Mortgage P&I$1,14753%Property Taxes$39318%Insurance$663%Management$21810%CapEx$1095%Vacancy$1316%Maintenance$1095%Cash Flow$5

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,612

Downpayment

20%

$43,440

Closing costs

1%

$2,172

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,178

Total Expenses

$2,173

Mortgage P&I

53%

$1,147

Property Taxes

18%

$393

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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