REI Lense

REI Lense

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$1,397 (target)

1059 Meadow Ln, Colona, IL 61241

3 beds • 2 baths • 1220 sqft

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This property looks like a bad Long-Term investment with a projected -14.83% first-year return on $44,016 initial cash invested.

-14.83%

Cash On Cash

3.72%

Cap Rate

0.58

DSCR

$1,397

Rent

-$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,397 income − $1,941 expenses = $544 out of pocket

Income$1,397Out of Pocket$544Mortgage P&I$1,12380%Property Taxes$37927%Insurance$755%Management$14010%CapEx$705%Vacancy$846%Maintenance$705%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,016

Downpayment

20%

$41,920

Closing costs

1%

$2,096

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,397

Total Expenses

$1,941

Mortgage P&I

80%

$1,123

Property Taxes

27%

$379

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$140

CapEx

5%

$70

Vacancy

6%

$84

Maintenance

5%

$70

Other

0%

$0

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