REI Lense

REI Lense

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$1,068 (target)

2712 Logan St, Mount Vernon, IL 62864

3 beds • 2 baths • 1200 sqft

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This property might be a fair Long-Term investment with a projected 8.84% first-year return on $18,879 initial cash invested.

8.84%

Cash On Cash

9.05%

Cap Rate

1.4

DSCR

$1,068

Rent

$139

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,068 income − $929 expenses = $139 cash flow

Income$1,068Mortgage P&I$48646%Property Taxes$13413%Insurance$323%Management$10710%CapEx$535%Vacancy$646%Maintenance$535%Cash Flow$139

Investment Breakdown

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Purchase Price

$89,900

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,879

Downpayment

20%

$17,980

Closing costs

1%

$899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,068

Total Expenses

$929

Mortgage P&I

46%

$486

Property Taxes

13%

$134

Home Insurance

3%

$32

HOA

0%

$0

Property Management

10%

$107

CapEx

5%

$53

Vacancy

6%

$64

Maintenance

5%

$53

Other

0%

$0

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