REI Lense

REI Lense

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$1,275 (target)

2013 5th St, Rock Island, IL 61201

3 beds • 2 baths • 986 sqft

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This property might be a fair Long-Term investment with a projected 9.1% first-year return on $26,250 initial cash invested.

9.1%

Cash On Cash

8.68%

Cap Rate

1.41

DSCR

$1,275

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,275 income − $1,076 expenses = $199 cash flow

Income$1,275Mortgage P&I$64150%Property Taxes$595%Insurance$443%Management$12810%CapEx$645%Vacancy$766%Maintenance$645%Cash Flow$199

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,275

Total Expenses

$1,076

Mortgage P&I

50%

$641

Property Taxes

5%

$59

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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