REI Lense

REI Lense

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$2,240 (target)

39 Mark Dr, Fairview Heights, IL 62208

3 beds • 2 baths • 1092 sqft

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This property might be a fair Mid-Term investment with a projected 6.99% first-year return on $52,713 initial cash invested.

6.99%

Cash On Cash

9.34%

Cap Rate

1.45

DSCR

$2,240

Rent

$307

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,713

Downpayment

20%

$33,060

Closing costs

1%

$1,653

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,240

Total Expenses

$1,933

Mortgage P&I

40%

$890

Property Taxes

10%

$222

Home Insurance

3%

$59

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

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