REI Lense

REI Lense

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$1,264 (target)

815 10th Ave, Fulton, IL 61252

3 beds • 2 baths • 1666 sqft

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This property might be a fair Long-Term investment with a projected 2.08% first-year return on $26,586 initial cash invested.

2.08%

Cash On Cash

7.13%

Cap Rate

1.17

DSCR

$1,264

Rent

$46

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,264 income − $1,218 expenses = $46 cash flow

Income$1,264Mortgage P&I$64351%Property Taxes$20516%Insurance$423%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%Cash Flow$46

Investment Breakdown

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Purchase Price

$127k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,586

Downpayment

20%

$25,320

Closing costs

1%

$1,266

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,264

Total Expenses

$1,218

Mortgage P&I

51%

$643

Property Taxes

16%

$205

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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