REI Lense

REI Lense

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$1,530 (target)

301 N Elm St, Lincoln, IL 62656

3 beds • 2 baths • 1966 sqft

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This property might be a fair Long-Term investment with a projected 0.91% first-year return on $29,148 initial cash invested.

0.91%

Cash On Cash

7.37%

Cap Rate

1.13

DSCR

$1,530

Rent

$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,530 income − $1,508 expenses = $22 cash flow

Income$1,530Mortgage P&I$75549%Property Taxes$30520%Insurance$513%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%Cash Flow$22

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,148

Downpayment

20%

$27,760

Closing costs

1%

$1,388

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,530

Total Expenses

$1,508

Mortgage P&I

49%

$755

Property Taxes

20%

$305

Home Insurance

3%

$51

HOA

0%

$0

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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