REI Lense

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$2,986 (target)

28 Forest Ln, O'Fallon, MO 63366

3 beds • 3 baths • 2118 sqft

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This property might be a fair Mid-Term investment with a projected 0.23% first-year return on $83,709 initial cash invested.

0.23%

Cash On Cash

6.52%

Cap Rate

1.09

DSCR

$2,986

Rent

$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,986 income − $2,970 expenses = $16 cash flow

Income$2,986Mortgage P&I$1,56452%Property Taxes$2629%Insurance$1264%HOA$4Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$16

Investment Breakdown

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Purchase Price

$313k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,709

Downpayment

20%

$62,580

Closing costs

1%

$3,129

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,986

Total Expenses

$2,970

Mortgage P&I

52%

$1,564

Property Taxes

9%

$262

Home Insurance

4%

$126

HOA

0%

$4

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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