REI Lense

REI Lense

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$1,395 (target)

604 N 7th St, Herrin, IL 62948

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Long-Term investment with a projected 21.06% first-year return on $20,118 initial cash invested.

21.06%

Cash On Cash

11.16%

Cap Rate

1.9

DSCR

$1,395

Rent

$353

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$95,800

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$20,118

Downpayment

20%

$19,160

Closing costs

1%

$958

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,395

Total Expenses

$1,042

Mortgage P&I

34%

$468

Property Taxes

15%

$205

Home Insurance

0%

$5

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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