REI Lense

REI Lense

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$2,535 (target)

222 W Main St, Clinton, IL 61727

3 beds • 2 baths • 2996 sqft

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This property could be a profitable Mid-Term investment with a projected 11.83% first-year return on $52,629 initial cash invested.

11.83%

Cash On Cash

10.91%

Cap Rate

1.71

DSCR

$2,535

Rent

$519

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

$52,629

Downpayment

20%

$32,980

Closing costs

1%

$1,649

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,535

Total Expenses

$2,016

Mortgage P&I

35%

$879

Property Taxes

9%

$218

Home Insurance

2%

$58

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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