REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,131 (target)

3275 Selmaville Rd, Salem, IL 62881

3 beds • 2 baths • 1099 sqft

Email

This property could be a profitable Long-Term investment with a projected 26.94% first-year return on $28,329 initial cash invested.

26.94%

Cash On Cash

13.17%

Cap Rate

2.01

DSCR

$2,131

Rent

$636

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,131 income − $1,495 expenses = $636 cash flow

Income$2,131Mortgage P&I$73835%Property Taxes$1557%Insurance$472%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%Cash Flow$636

Investment Breakdown

|

Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,131

Total Expenses

$1,495

Mortgage P&I

35%

$738

Property Taxes

7%

$155

Home Insurance

2%

$47

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis