REI Lense

REI Lense

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$2,532 (target)

514 N 11th St, Petersburg, IL 62675

3 beds • 2 baths • 2040 sqft

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This property might be a fair Mid-Term investment with a projected 3.76% first-year return on $61,890 initial cash invested.

3.76%

Cash On Cash

8.06%

Cap Rate

1.27

DSCR

$2,532

Rent

$194

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,532 income − $2,338 expenses = $194 cash flow

Income$2,532Mortgage P&I$1,10944%Property Taxes$29512%Insurance$733%Management$30412%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27911%Cash Flow$194

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,890

Downpayment

20%

$41,800

Closing costs

1%

$2,090

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,532

Total Expenses

$2,338

Mortgage P&I

44%

$1,109

Property Taxes

12%

$295

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$304

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$279

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