REI Lense

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$2,090 (target)

803 E Lorena Ave, Wood River, IL 62095

3 beds • 2 baths • 1340 sqft

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This property might be a fair Mid-Term investment with a projected 7.12% first-year return on $49,185 initial cash invested.

7.12%

Cash On Cash

9.47%

Cap Rate

1.47

DSCR

$2,090

Rent

$292

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,090 income − $1,798 expenses = $292 cash flow

Income$2,090Mortgage P&I$79638%Property Taxes$24212%Insurance$482%Management$25112%CapEx$844%Vacancy$633%Maintenance$844%Other$23011%Cash Flow$292

Investment Breakdown

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Purchase Price

$149k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,185

Downpayment

20%

$29,700

Closing costs

1%

$1,485

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,090

Total Expenses

$1,798

Mortgage P&I

38%

$796

Property Taxes

12%

$242

Home Insurance

2%

$48

HOA

0%

$0

Property Management

12%

$251

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$230

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