REI Lense

REI Lense

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$1,763 (target)

1005 N Western Ave, Bloomington, IL 61701

3 beds • 2 baths • 2240 sqft

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This property looks like a bad Long-Term investment with a projected -1.29% first-year return on $39,879 initial cash invested.

-1.29%

Cash On Cash

6.73%

Cap Rate

1.04

DSCR

$1,763

Rent

-$43

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,763 income − $1,806 expenses = $43 out of pocket

Income$1,763Out of Pocket$43Mortgage P&I$1,02058%Property Taxes$26215%Insurance$664%Management$17610%CapEx$885%Vacancy$1066%Maintenance$885%

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,879

Downpayment

20%

$37,980

Closing costs

1%

$1,899

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,763

Total Expenses

$1,806

Mortgage P&I

58%

$1,020

Property Taxes

15%

$262

Home Insurance

4%

$66

HOA

0%

$0

Property Management

10%

$176

CapEx

5%

$88

Vacancy

6%

$106

Maintenance

5%

$88

Other

0%

$0

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