REI Lense

REI Lense

$3,045 (target)

7733 Meadowlark Dr, Godfrey, IL 62035

3 beds • 3 baths • 1588 sqft

Email

This property could be a profitable Mid-Term investment with a projected 13.69% first-year return on $60,063 initial cash invested.

13.69%

Cash On Cash

11.42%

Cap Rate

1.73

DSCR

$3,045

Rent

$685

Cashflow

Cash Flow

$3,045 income − $2,360 expenses = $685 cash flow

Income$3,045P&I$1,10036%Taxes$1535%Insurance$722%Mgmt$36512%CapEx$1224%Vacancy$913%Maint.$1224%Other$33511%Cash Flow$685

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,063

Downpayment

20%

$40,060

Closing costs

1%

$2,003

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,045

Total Expenses

$2,360

Mortgage P&I

36%

$1,100

Property Taxes

5%

$153

Home Insurance

2%

$72

HOA

0%

$0

Property Management

12%

$365

CapEx

4%

$122

Vacancy

3%

$91

Maintenance

4%

$122

Other

11%

$335

See Godfrey, IL mid-term rental market →

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis