REI Lense

REI Lense

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$1,492 (target)

12365 Lakeview Rd, Mount Vernon, IL 62864

3 beds • 4 baths • 3062 sqft

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This property looks like a bad Long-Term investment with a projected -17.94% first-year return on $52,500 initial cash invested.

-17.94%

Cash On Cash

2.95%

Cap Rate

0.46

DSCR

$1,492

Rent

-$785

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,492 income − $2,277 expenses = $785 out of pocket

Income$1,492Out of Pocket$785Mortgage P&I$1,32489%Property Taxes$47632%Insurance$886%Management$14910%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,492

Total Expenses

$2,277

Mortgage P&I

89%

$1,324

Property Taxes

32%

$476

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$149

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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