REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,270 (target)

714 Wabash Ave, Belleville, IL 62220

3 beds • 2 baths • 1721 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.86% first-year return on $50,844 initial cash invested.

7.86%

Cash On Cash

9.76%

Cap Rate

1.5

DSCR

$2,270

Rent

$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,270 income − $1,937 expenses = $333 cash flow

Income$2,270Mortgage P&I$84837%Property Taxes$26512%Insurance$522%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$25011%Cash Flow$333

Investment Breakdown

|

Purchase Price

$156k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,844

Downpayment

20%

$31,280

Closing costs

1%

$1,564

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,270

Total Expenses

$1,937

Mortgage P&I

37%

$848

Property Taxes

12%

$265

Home Insurance

2%

$52

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$250

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis