REI Lense

REI Lense

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$1,336 (target)

110 Eaton Ave, Wood River, IL 62095

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -11.63% first-year return on $40,257 initial cash invested.

-11.63%

Cash On Cash

4.52%

Cap Rate

0.69

DSCR

$1,336

Rent

-$390

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,336 income − $1,726 expenses = $390 out of pocket

Income$1,336Out of Pocket$390Mortgage P&I$1,04578%Property Taxes$26520%Insurance$685%Management$13410%CapEx$675%Vacancy$806%Maintenance$675%

Investment Breakdown

|

Purchase Price

$192k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,257

Downpayment

20%

$38,340

Closing costs

1%

$1,917

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,336

Total Expenses

$1,726

Mortgage P&I

78%

$1,045

Property Taxes

20%

$265

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$134

CapEx

5%

$67

Vacancy

6%

$80

Maintenance

5%

$67

Other

0%

$0

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