REI Lense

REI Lense

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$2,841 (target)

6232 Pennsbury Rd, Cherry Valley, IL 61016

3 beds • 2 baths • 2752 sqft

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This property might be a fair Long-Term investment with a projected 0.81% first-year return on $66,612 initial cash invested.

0.81%

Cash On Cash

6.91%

Cap Rate

1.11

DSCR

$2,841

Rent

$45

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,841 income − $2,796 expenses = $45 cash flow

Income$2,841Mortgage P&I$1,64058%Property Taxes$30411%Insurance$1144%Management$28410%CapEx$1425%Vacancy$1706%Maintenance$1425%Cash Flow$45

Investment Breakdown

|

Purchase Price

$317k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,612

Downpayment

20%

$63,440

Closing costs

1%

$3,172

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,841

Total Expenses

$2,796

Mortgage P&I

58%

$1,640

Property Taxes

11%

$304

Home Insurance

4%

$114

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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