REI Lense

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$1,917 (target)

10904 Lake Rd, Highland, IL 62249

3 beds • 2 baths • 1872 sqft

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This property looks like a bad Long-Term investment with a projected -11.22% first-year return on $59,997 initial cash invested.

-11.22%

Cash On Cash

4.02%

Cap Rate

0.67

DSCR

$1,917

Rent

-$561

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,917 income − $2,478 expenses = $561 out of pocket

Income$1,917Out of Pocket$561Mortgage P&I$1,42374%Property Taxes$45324%Insurance$1035%Management$19210%CapEx$965%Vacancy$1156%Maintenance$965%

Investment Breakdown

|

Purchase Price

$286k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,997

Downpayment

20%

$57,140

Closing costs

1%

$2,857

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,917

Total Expenses

$2,478

Mortgage P&I

74%

$1,423

Property Taxes

24%

$453

Home Insurance

5%

$103

HOA

0%

$0

Property Management

10%

$192

CapEx

5%

$96

Vacancy

6%

$115

Maintenance

5%

$96

Other

0%

$0

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