REI Lense

REI Lense

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$1,324 (target)

107 Mill St, Benton, IL 62812

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Mid-Term investment with a projected -5.71% first-year return on $47,253 initial cash invested.

-5.71%

Cash On Cash

4.89%

Cap Rate

0.77

DSCR

$1,324

Rent

-$225

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,324 income − $1,549 expenses = $225 out of pocket

Income$1,324Out of Pocket$225Mortgage P&I$74056%Property Taxes$29222%Insurance$665%Management$15912%CapEx$534%Vacancy$403%Maintenance$534%Other$14611%

Investment Breakdown

|

Purchase Price

$139k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,253

Downpayment

20%

$27,860

Closing costs

1%

$1,393

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$1,324

Total Expenses

$1,549

Mortgage P&I

56%

$740

Property Taxes

22%

$292

Home Insurance

5%

$66

HOA

0%

$0

Property Management

12%

$159

CapEx

4%

$53

Vacancy

3%

$40

Maintenance

4%

$53

Other

11%

$146

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