REI Lense

REI Lense

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$1,593 (target)

504 N Cochran St, West Frankfort, IL 62896

3 beds • 2 baths • 1701 sqft

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This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $49,500 initial cash invested.

0.46%

Cash On Cash

6.97%

Cap Rate

1.11

DSCR

$1,593

Rent

$19

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,500

Downpayment

20%

$30,000

Closing costs

1%

$1,500

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,593

Total Expenses

$1,574

Mortgage P&I

49%

$788

Property Taxes

12%

$192

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$191

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$175

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