REI Lense

REI Lense

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$1,677 (target)

514 SE 3rd St, Fairfield, IL 62837

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 12.11% first-year return on $40,344 initial cash invested.

12.11%

Cash On Cash

11.32%

Cap Rate

1.89

DSCR

$1,677

Rent

$407

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$106k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,344

Downpayment

20%

$21,280

Closing costs

1%

$1,064

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$1,677

Total Expenses

$1,270

Mortgage P&I

32%

$530

Property Taxes

8%

$137

Home Insurance

2%

$34

HOA

0%

$0

Property Management

12%

$201

CapEx

4%

$67

Vacancy

3%

$50

Maintenance

4%

$67

Other

11%

$184

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