REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,262 (target)

508 N Indiana Ave, Salem, IL 62881

3 beds • 2 baths • 2275 sqft

Email

This property might be a fair Mid-Term investment with a projected 9.5% first-year return on $68,232 initial cash invested.

9.5%

Cash On Cash

9.81%

Cap Rate

1.52

DSCR

$3,262

Rent

$540

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,262 income − $2,722 expenses = $540 cash flow

Income$3,262Mortgage P&I$1,28539%Property Taxes$2417%Insurance$883%Management$39112%CapEx$1304%Vacancy$983%Maintenance$1304%Other$35911%Cash Flow$540

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,232

Downpayment

20%

$47,840

Closing costs

1%

$2,392

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,262

Total Expenses

$2,722

Mortgage P&I

39%

$1,285

Property Taxes

7%

$241

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$391

CapEx

4%

$130

Vacancy

3%

$98

Maintenance

4%

$130

Other

11%

$359

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis