REI Lense

REI Lense

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$2,493 (target)

301 Plum St, Collinsville, IL 62234

3 beds • 2 baths • 1195 sqft

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This property could be a profitable Mid-Term investment with a projected 20.21% first-year return on $47,274 initial cash invested.

20.21%

Cash On Cash

13.81%

Cap Rate

2.27

DSCR

$2,493

Rent

$796

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,274

Downpayment

20%

$27,880

Closing costs

1%

$1,394

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,493

Total Expenses

$1,697

Mortgage P&I

28%

$708

Property Taxes

5%

$117

Home Insurance

1%

$24

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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