REI Lense

REI Lense

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$1,959 (target)

3000 Alby St, Alton, IL 62002

3 beds • 2 baths • 1864 sqft

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This property might be a fair Long-Term investment with a projected 3.55% first-year return on $41,244 initial cash invested.

3.55%

Cash On Cash

7.86%

Cap Rate

1.21

DSCR

$1,959

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,959 income − $1,837 expenses = $122 cash flow

Income$1,959Mortgage P&I$1,06654%Property Taxes$19210%Insurance$694%Management$19610%CapEx$985%Vacancy$1186%Maintenance$985%Cash Flow$122

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,244

Downpayment

20%

$39,280

Closing costs

1%

$1,964

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,959

Total Expenses

$1,837

Mortgage P&I

54%

$1,066

Property Taxes

10%

$192

Home Insurance

4%

$69

HOA

0%

$0

Property Management

10%

$196

CapEx

5%

$98

Vacancy

6%

$118

Maintenance

5%

$98

Other

0%

$0

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