REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,447 (target)

2803 Hickory Ln, Marion, IL 62959

3 beds • 2 baths • 2092 sqft

Email

This property might be a fair Mid-Term investment with a projected 6.92% first-year return on $78,228 initial cash invested.

6.92%

Cash On Cash

8.49%

Cap Rate

1.41

DSCR

$3,447

Rent

$451

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,447 income − $2,996 expenses = $451 cash flow

Income$3,447Mortgage P&I$1,44142%Property Taxes$2788%Insurance$1053%Management$41412%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$451

Investment Breakdown

|

Purchase Price

$287k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,228

Downpayment

20%

$57,360

Closing costs

1%

$2,868

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,447

Total Expenses

$2,996

Mortgage P&I

42%

$1,441

Property Taxes

8%

$278

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$414

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis