REI Lense

REI Lense

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$1,896 (target)

815 10th Ave, Fulton, IL 61252

3 beds • 2 baths • 1666 sqft

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This property might be a fair Mid-Term investment with a projected 9.69% first-year return on $44,586 initial cash invested.

9.69%

Cash On Cash

10.23%

Cap Rate

1.68

DSCR

$1,896

Rent

$360

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,896 income − $1,536 expenses = $360 cash flow

Income$1,896Mortgage P&I$64334%Property Taxes$20511%Insurance$422%Management$22812%CapEx$764%Vacancy$573%Maintenance$764%Other$20911%Cash Flow$360

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,586

Downpayment

20%

$25,320

Closing costs

1%

$1,266

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,896

Total Expenses

$1,536

Mortgage P&I

34%

$643

Property Taxes

11%

$205

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$228

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$209

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