REI Lense

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$4,509 (target)

4517 Santa Clara Dr, Springfield, IL 62711

3 beds • 4 baths • 2587 sqft

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This property might be a fair Mid-Term investment with a projected 8.05% first-year return on $85,914 initial cash invested.

8.05%

Cash On Cash

8.94%

Cap Rate

1.46

DSCR

$4,509

Rent

$576

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,509 income − $3,933 expenses = $576 cash flow

Income$4,509Mortgage P&I$1,65437%Property Taxes$63014%Insurance$1173%Management$54112%CapEx$1804%Vacancy$1353%Maintenance$1804%Other$49611%Cash Flow$576

Investment Breakdown

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Purchase Price

$323k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,914

Downpayment

20%

$64,680

Closing costs

1%

$3,234

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,509

Total Expenses

$3,933

Mortgage P&I

37%

$1,654

Property Taxes

14%

$630

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$541

CapEx

4%

$180

Vacancy

3%

$135

Maintenance

4%

$180

Other

11%

$496

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