REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,099 (target)

26 Elk Ct, Washington, IL 61571

3 beds • 3 baths • 1901 sqft

Email

This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $68,442 initial cash invested.

3.35%

Cash On Cash

8.12%

Cap Rate

1.24

DSCR

$3,099

Rent

$191

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,099 income − $2,908 expenses = $191 cash flow

Income$3,099Mortgage P&I$1,31142%Property Taxes$45615%Insurance$873%Management$37212%CapEx$1244%Vacancy$933%Maintenance$1244%Other$34111%Cash Flow$191

Investment Breakdown

|

Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,442

Downpayment

20%

$48,040

Closing costs

1%

$2,402

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,099

Total Expenses

$2,908

Mortgage P&I

42%

$1,311

Property Taxes

15%

$456

Home Insurance

3%

$87

HOA

0%

$0

Property Management

12%

$372

CapEx

4%

$124

Vacancy

3%

$93

Maintenance

4%

$124

Other

11%

$341

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis