REI Lense

REI Lense

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$2,684 (target)

1712 Midway Dr, Rockford, IL 61103

3 beds • 2 baths • 1955 sqft

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This property might be a fair Mid-Term investment with a projected 6.25% first-year return on $61,848 initial cash invested.

6.25%

Cash On Cash

8.86%

Cap Rate

1.39

DSCR

$2,684

Rent

$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,848

Downpayment

20%

$41,760

Closing costs

1%

$2,088

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,684

Total Expenses

$2,362

Mortgage P&I

41%

$1,112

Property Taxes

10%

$264

Home Insurance

3%

$74

HOA

0%

$0

Property Management

12%

$322

CapEx

4%

$107

Vacancy

3%

$81

Maintenance

4%

$107

Other

11%

$295

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