REI Lense

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$1,658 (target)

436 W Locust St, Canton, IL 61520

3 beds • 3 baths • 1573 sqft

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This property might be a fair Long-Term investment with a projected 7.29% first-year return on $30,114 initial cash invested.

7.29%

Cash On Cash

8.57%

Cap Rate

1.35

DSCR

$1,658

Rent

$183

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,658 income − $1,475 expenses = $183 cash flow

Income$1,658Mortgage P&I$75846%Property Taxes$24014%Insurance$463%Management$16610%CapEx$835%Vacancy$996%Maintenance$835%Cash Flow$183

Investment Breakdown

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Purchase Price

$143k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,114

Downpayment

20%

$28,680

Closing costs

1%

$1,434

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,658

Total Expenses

$1,475

Mortgage P&I

46%

$758

Property Taxes

14%

$240

Home Insurance

3%

$46

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$99

Maintenance

5%

$83

Other

0%

$0

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