REI Lense

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$2,247 (target)

540 10th St, Lincoln, IL 62656

3 beds • 2 baths • 1640 sqft

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This property could be a profitable Mid-Term investment with a projected 12.23% first-year return on $47,211 initial cash invested.

12.23%

Cash On Cash

11.51%

Cap Rate

1.75

DSCR

$2,247

Rent

$481

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,247 income − $1,766 expenses = $481 cash flow

Income$2,247Mortgage P&I$76334%Property Taxes$1949%Insurance$452%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$481

Investment Breakdown

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Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,211

Downpayment

20%

$27,820

Closing costs

1%

$1,391

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,247

Total Expenses

$1,766

Mortgage P&I

34%

$763

Property Taxes

9%

$194

Home Insurance

2%

$45

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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