REI Lense

REI Lense

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$1,277 (target)

404 W 9th St, Christopher, IL 62822

3 beds • 2 baths • 1689 sqft

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This property might be a fair Long-Term investment with a projected 1.31% first-year return on $29,337 initial cash invested.

1.31%

Cash On Cash

6.91%

Cap Rate

1.14

DSCR

$1,277

Rent

$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,277 income − $1,245 expenses = $32 cash flow

Income$1,277Mortgage P&I$70956%Property Taxes$15912%Insurance$443%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$32

Investment Breakdown

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Purchase Price

$140k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,337

Downpayment

20%

$27,940

Closing costs

1%

$1,397

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,277

Total Expenses

$1,245

Mortgage P&I

56%

$709

Property Taxes

12%

$159

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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