REI Lense

REI Lense

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$2,220 (target)

13456 Oak Lake Ct, Tremont, IL 61568

3 beds • 2 baths • 2462 sqft

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This property looks like a bad Long-Term investment with a projected -15.84% first-year return on $82,194 initial cash invested.

-15.84%

Cash On Cash

2.93%

Cap Rate

0.5

DSCR

$2,220

Rent

-$1,085

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,220 income − $3,305 expenses = $1,085 out of pocket

Income$2,220Out of Pocket$1,085Mortgage P&I$1,93087%Property Taxes$63228%Insurance$1667%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

|

Purchase Price

$391k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,194

Downpayment

20%

$78,280

Closing costs

1%

$3,914

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,220

Total Expenses

$3,305

Mortgage P&I

87%

$1,930

Property Taxes

28%

$632

Home Insurance

7%

$166

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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