REI Lense

REI Lense

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$1,587 (target)

306 E 5th St, West Frankfort, IL 62896

3 beds • 2 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 4.61% first-year return on $45,300 initial cash invested.

4.61%

Cash On Cash

8.59%

Cap Rate

1.34

DSCR

$1,587

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$130k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,300

Downpayment

20%

$26,000

Closing costs

1%

$1,300

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,587

Total Expenses

$1,413

Mortgage P&I

44%

$694

Property Taxes

8%

$134

Home Insurance

3%

$46

HOA

0%

$0

Property Management

12%

$190

CapEx

4%

$63

Vacancy

3%

$48

Maintenance

4%

$63

Other

11%

$175

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