REI Lense

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$2,252 (target)

512 W Legion Ave, Columbia, IL 62236

3 beds • 2 baths • 1744 sqft

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This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $61,050 initial cash invested.

1.45%

Cash On Cash

7.4%

Cap Rate

1.15

DSCR

$2,252

Rent

$74

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,252 income − $2,178 expenses = $74 cash flow

Income$2,252Mortgage P&I$1,10149%Property Taxes$23911%Insurance$723%Management$27012%CapEx$904%Vacancy$683%Maintenance$904%Other$24811%Cash Flow$74

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,252

Total Expenses

$2,178

Mortgage P&I

49%

$1,101

Property Taxes

11%

$239

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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