REI Lense

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$1,894 (target)

404 W Church St, Benton, IL 62812

3 beds • 3 baths • 1623 sqft

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This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $52,650 initial cash invested.

3.37%

Cash On Cash

8.15%

Cap Rate

1.25

DSCR

$1,894

Rent

$148

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,894 income − $1,746 expenses = $148 cash flow

Income$1,894Mortgage P&I$89647%Property Taxes$1488%Insurance$583%Management$22712%CapEx$764%Vacancy$573%Maintenance$764%Other$20811%Cash Flow$148

Investment Breakdown

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Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$1,894

Total Expenses

$1,746

Mortgage P&I

47%

$896

Property Taxes

8%

$148

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$227

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$208

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