REI Lense

REI Lense

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$1,547 (target)

1228 Cedar Ridge Ct, Collinsville, IL 62234

3 beds • 3 baths • 2068 sqft

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This property looks like a bad Long-Term investment with a projected -12.69% first-year return on $49,350 initial cash invested.

-12.69%

Cash On Cash

4.15%

Cap Rate

0.65

DSCR

$1,547

Rent

-$522

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,547 income − $2,069 expenses = $522 out of pocket

Income$1,547Out of Pocket$522Mortgage P&I$1,25781%Property Taxes$32821%Insurance$825%Management$15510%CapEx$775%Vacancy$936%Maintenance$775%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,547

Total Expenses

$2,069

Mortgage P&I

81%

$1,257

Property Taxes

21%

$328

Home Insurance

5%

$82

HOA

0%

$0

Property Management

10%

$155

CapEx

5%

$77

Vacancy

6%

$93

Maintenance

5%

$77

Other

0%

$0

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