REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,240 (target)

702 N 12th St, Mount Vernon, IL 62864

3 beds • 2 baths • 1497 sqft

Email

This property could be a profitable Mid-Term investment with a projected 15.19% first-year return on $44,250 initial cash invested.

15.19%

Cash On Cash

13.05%

Cap Rate

1.92

DSCR

$2,240

Rent

$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,240 income − $1,680 expenses = $560 cash flow

Income$2,240Mortgage P&I$70932%Property Taxes$1698%Insurance$402%Management$26912%CapEx$904%Vacancy$673%Maintenance$904%Other$24611%Cash Flow$560

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$2,240

Total Expenses

$1,680

Mortgage P&I

32%

$709

Property Taxes

8%

$169

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$269

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$246

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis