REI Lense

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$1,359 (target)

223 N Verzel Dr, Macomb, IL 61455

3 beds • 2 baths • 1320 sqft

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This property could be a profitable Long-Term investment with a projected 30.63% first-year return on $16,338 initial cash invested.

30.63%

Cash On Cash

13.9%

Cap Rate

2.17

DSCR

$1,359

Rent

$417

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,359 income − $942 expenses = $417 cash flow

Income$1,359Mortgage P&I$41631%Property Taxes$14611%Insurance$262%Management$13610%CapEx$685%Vacancy$826%Maintenance$685%Cash Flow$417

Investment Breakdown

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Purchase Price

$77,800

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$16,338

Downpayment

20%

$15,560

Closing costs

1%

$778

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,359

Total Expenses

$942

Mortgage P&I

31%

$416

Property Taxes

11%

$146

Home Insurance

2%

$26

HOA

0%

$0

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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