REI Lense

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$3,048 (target)

311 E Jones St, Plano, IL 60545

3 beds • 2 baths • 980 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $72,936 initial cash invested.

2.52%

Cash On Cash

7.64%

Cap Rate

1.2

DSCR

$3,048

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,048 income − $2,895 expenses = $153 cash flow

Income$3,048Mortgage P&I$1,39146%Property Taxes$39413%Insurance$742%Management$36612%CapEx$1224%Vacancy$913%Maintenance$1224%Other$33511%Cash Flow$153

Investment Breakdown

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Purchase Price

$262k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,936

Downpayment

20%

$52,320

Closing costs

1%

$2,616

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,048

Total Expenses

$2,895

Mortgage P&I

46%

$1,391

Property Taxes

13%

$394

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

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