REI Lense

REI Lense

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$1,278 (target)

613 Wabash Ave, Belleville, IL 62220

3 beds • 2 baths • 1066 sqft

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This property might be a fair Long-Term investment with a projected 1.4% first-year return on $26,607 initial cash invested.

1.4%

Cash On Cash

6.99%

Cap Rate

1.15

DSCR

$1,278

Rent

$31

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,278 income − $1,247 expenses = $31 cash flow

Income$1,278Mortgage P&I$64350%Property Taxes$22918%Insurance$423%Management$12810%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$31

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,607

Downpayment

20%

$25,340

Closing costs

1%

$1,267

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,278

Total Expenses

$1,247

Mortgage P&I

50%

$643

Property Taxes

18%

$229

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$128

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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