REI Lense

REI Lense

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$1,898 (target)

203 Fair Ave, Flora, IL 62839

3 beds • 2 baths • 1144 sqft

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This property could be a profitable Mid-Term investment with a projected 18.18% first-year return on $38,937 initial cash invested.

18.18%

Cash On Cash

14.11%

Cap Rate

2.32

DSCR

$1,898

Rent

$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$99,700

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,937

Downpayment

20%

$19,940

Closing costs

1%

$997

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$1,898

Total Expenses

$1,308

Mortgage P&I

27%

$506

Property Taxes

6%

$123

Home Insurance

2%

$33

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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