REI Lense

REI Lense

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$1,662 (target)

301 Plum St, Collinsville, IL 62234

3 beds • 2 baths • 1195 sqft

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This property could be a profitable Long-Term investment with a projected 15.62% first-year return on $29,274 initial cash invested.

15.62%

Cash On Cash

10.09%

Cap Rate

1.66

DSCR

$1,662

Rent

$381

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

$29,274

Downpayment

20%

$27,880

Closing costs

1%

$1,394

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,662

Total Expenses

$1,281

Mortgage P&I

43%

$708

Property Taxes

7%

$117

Home Insurance

1%

$24

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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