REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,074 (target)

61 Sarah Ave, Springfield, IL 62703

3 beds • 2 baths • 2102 sqft

Email

This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $77,493 initial cash invested.

2.11%

Cash On Cash

6.98%

Cap Rate

1.19

DSCR

$3,074

Rent

$136

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$283k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,493

Downpayment

20%

$56,660

Closing costs

1%

$2,833

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,074

Total Expenses

$2,938

Mortgage P&I

45%

$1,390

Property Taxes

11%

$347

Home Insurance

3%

$102

HOA

2%

$54

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis