REI Lense

REI Lense

$1,900 (target)

215 Hardin Ave, Jacksonville, IL 62650

3 beds • 2 baths • 2136 sqft

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This property could be a profitable Mid-Term investment with a projected 54.14% first-year return on $23,250 initial cash invested.

54.14%

Cash On Cash

60.58%

Cap Rate

9.21

DSCR

$1,900

Rent

$1,049

Cashflow

Cash Flow

$1,900 income − $851 expenses = $1,049 cash flow

Income$1,900P&I$1377%Taxes$593%Insurance$9Mgmt$22812%CapEx$764%Vacancy$573%Maint.$764%Other$20911%Cash Flow$1,049

Investment Breakdown

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Purchase Price

$25,000

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$23,250

Downpayment

20%

$5,000

Closing costs

1%

$250

Rehab

0%

$0

Furnishing

72%

$18,000

Cashflow

Total Income

$1,900

Total Expenses

$851

Mortgage P&I

7%

$137

Property Taxes

3%

$59

Home Insurance

0%

$9

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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