REI Lense

REI Lense

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$1,950 (target)

533 N 7th Ave, Canton, IL 61520

3 beds • 2 baths • 1660 sqft

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This property might be a fair Mid-Term investment with a projected 6.38% first-year return on $46,287 initial cash invested.

6.38%

Cash On Cash

9.32%

Cap Rate

1.45

DSCR

$1,950

Rent

$246

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$46,287

Downpayment

20%

$26,940

Closing costs

1%

$1,347

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,950

Total Expenses

$1,704

Mortgage P&I

37%

$722

Property Taxes

14%

$268

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$234

CapEx

4%

$78

Vacancy

3%

$58

Maintenance

4%

$78

Other

11%

$214

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