REI Lense

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$2,066 (target)

627 21st St, Lincoln, IL 62656

3 beds • 2 baths • 1411 sqft

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This property might be a fair Mid-Term investment with a projected 8.38% first-year return on $51,390 initial cash invested.

8.38%

Cash On Cash

9.69%

Cap Rate

1.52

DSCR

$2,066

Rent

$359

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,066 income − $1,707 expenses = $359 cash flow

Income$2,066Mortgage P&I$84241%Property Taxes$1065%Insurance$563%Management$24812%CapEx$834%Vacancy$623%Maintenance$834%Other$22711%Cash Flow$359

Investment Breakdown

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Purchase Price

$159k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,390

Downpayment

20%

$31,800

Closing costs

1%

$1,590

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,066

Total Expenses

$1,707

Mortgage P&I

41%

$842

Property Taxes

5%

$106

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$248

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$227

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