REI Lense

REI Lense

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$1,690 (target)

222 W Main St, Clinton, IL 61727

3 beds • 2 baths • 2996 sqft

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This property might be a fair Long-Term investment with a projected 3.36% first-year return on $34,629 initial cash invested.

3.36%

Cash On Cash

7.71%

Cap Rate

1.21

DSCR

$1,690

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,690

Total Expenses

$1,593

Mortgage P&I

52%

$879

Property Taxes

13%

$218

Home Insurance

3%

$58

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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