REI Lense

REI Lense

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$933 (target)

807 Stadium Dr, Macomb, IL 61455

3 beds • 2 baths • 1024 sqft

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This property might be a fair Long-Term investment with a projected 9.52% first-year return on $15,120 initial cash invested.

9.52%

Cash On Cash

9.2%

Cap Rate

1.43

DSCR

$933

Rent

$120

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$933 income − $813 expenses = $120 cash flow

Income$933Mortgage P&I$38541%Property Taxes$13615%Insurance$495%Management$9310%CapEx$475%Vacancy$566%Maintenance$475%Cash Flow$120

Investment Breakdown

|

Purchase Price

$72,000

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$15,120

Downpayment

20%

$14,400

Closing costs

1%

$720

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$933

Total Expenses

$813

Mortgage P&I

41%

$385

Property Taxes

15%

$136

Home Insurance

5%

$49

HOA

0%

$0

Property Management

10%

$93

CapEx

5%

$47

Vacancy

6%

$56

Maintenance

5%

$47

Other

0%

$0

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