REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,124 (target)

524 Fleming St, Granite City, IL 62040

3 beds • 2 baths • 1144 sqft

Email

This property might be a fair Mid-Term investment with a projected 7% first-year return on $53,175 initial cash invested.

7%

Cash On Cash

9.42%

Cap Rate

1.43

DSCR

$2,124

Rent

$310

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,124 income − $1,814 expenses = $310 cash flow

Income$2,124Mortgage P&I$92043%Property Taxes$1105%Insurance$613%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23411%Cash Flow$310

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,175

Downpayment

20%

$33,500

Closing costs

1%

$1,675

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,124

Total Expenses

$1,814

Mortgage P&I

43%

$920

Property Taxes

5%

$110

Home Insurance

3%

$61

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$234

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis