REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$975 (target)

901 W Ford Ave, Herrin, IL 62948

3 beds • 2 baths • 1901 sqft

Email

This property could be a profitable Long-Term investment with a projected 12.26% first-year return on $14,973 initial cash invested.

12.26%

Cash On Cash

9.49%

Cap Rate

1.56

DSCR

$975

Rent

$153

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$975 income − $822 expenses = $153 cash flow

Income$975Mortgage P&I$36237%Property Taxes$19220%Insurance$141%Management$9810%CapEx$495%Vacancy$586%Maintenance$495%Cash Flow$153

Investment Breakdown

|

Purchase Price

$71,300

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$14,973

Downpayment

20%

$14,260

Closing costs

1%

$713

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$975

Total Expenses

$822

Mortgage P&I

37%

$362

Property Taxes

20%

$192

Home Insurance

1%

$14

HOA

0%

$0

Property Management

10%

$98

CapEx

5%

$49

Vacancy

6%

$58

Maintenance

5%

$49

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis