REI Lense

REI Lense

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$1,286 (target)

5816 N Route 48, Decatur, IL 62526

3 beds • 2 baths • 1156 sqft

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This property might be a fair Long-Term investment with a projected 5.59% first-year return on $25,536 initial cash invested.

5.59%

Cash On Cash

8.24%

Cap Rate

1.28

DSCR

$1,286

Rent

$119

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,286 income − $1,167 expenses = $119 cash flow

Income$1,286Mortgage P&I$65251%Property Taxes$13210%Insurance$494%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$119

Investment Breakdown

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Purchase Price

$122k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,536

Downpayment

20%

$24,320

Closing costs

1%

$1,216

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,286

Total Expenses

$1,167

Mortgage P&I

51%

$652

Property Taxes

10%

$132

Home Insurance

4%

$49

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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