REI Lense

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$1,884 (target)

6 Kingston Dr, Fairview Heights, IL 62208

3 beds • 2 baths • 1450 sqft

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This property might be a fair Long-Term investment with a projected 2.05% first-year return on $36,813 initial cash invested.

2.05%

Cash On Cash

7.63%

Cap Rate

1.16

DSCR

$1,884

Rent

$63

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,884 income − $1,821 expenses = $63 cash flow

Income$1,884Mortgage P&I$95751%Property Taxes$31417%Insurance$613%Management$18810%CapEx$945%Vacancy$1136%Maintenance$945%Cash Flow$63

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,813

Downpayment

20%

$35,060

Closing costs

1%

$1,753

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,884

Total Expenses

$1,821

Mortgage P&I

51%

$957

Property Taxes

17%

$314

Home Insurance

3%

$61

HOA

0%

$0

Property Management

10%

$188

CapEx

5%

$94

Vacancy

6%

$113

Maintenance

5%

$94

Other

0%

$0

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