REI Lense

REI Lense

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$2,092 (target)

604 N 7th St, Herrin, IL 62948

3 beds • 2 baths • 1288 sqft

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This property could be a profitable Mid-Term investment with a projected 22.1% first-year return on $38,118 initial cash invested.

22.1%

Cash On Cash

15.71%

Cap Rate

2.68

DSCR

$2,092

Rent

$702

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

$38,118

Downpayment

20%

$19,160

Closing costs

1%

$958

Rehab

0%

$0

Furnishing

19%

$18,000

Cashflow

Total Income

$2,092

Total Expenses

$1,390

Mortgage P&I

22%

$468

Property Taxes

10%

$205

Home Insurance

0%

$5

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

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