REI Lense

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$1,347 (target)

359 W State St, Paxton, IL 60957

3 beds • 2 baths • 1248 sqft

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This property could be a profitable Long-Term investment with a projected 21.53% first-year return on $18,060 initial cash invested.

21.53%

Cash On Cash

11.9%

Cap Rate

1.85

DSCR

$1,347

Rent

$324

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,347 income − $1,023 expenses = $324 cash flow

Income$1,347Mortgage P&I$46234%Property Taxes$16212%Insurance$494%Management$13510%CapEx$675%Vacancy$816%Maintenance$675%Cash Flow$324

Investment Breakdown

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Purchase Price

$86,000

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$18,060

Downpayment

20%

$17,200

Closing costs

1%

$860

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,347

Total Expenses

$1,023

Mortgage P&I

34%

$462

Property Taxes

12%

$162

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$135

CapEx

5%

$67

Vacancy

6%

$81

Maintenance

5%

$67

Other

0%

$0

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