REI Lense

REI Lense

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$1,745 (target)

1346 Airport Rd, Lincoln, IL 62656

3 beds • 3 baths • 2538 sqft

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This property looks like a bad Long-Term investment with a projected -6.97% first-year return on $50,127 initial cash invested.

-6.97%

Cash On Cash

5.52%

Cap Rate

0.84

DSCR

$1,745

Rent

-$291

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,745 income − $2,036 expenses = $291 out of pocket

Income$1,745Out of Pocket$291Mortgage P&I$1,30375%Property Taxes$19311%Insurance$875%Management$17410%CapEx$875%Vacancy$1056%Maintenance$875%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,127

Downpayment

20%

$47,740

Closing costs

1%

$2,387

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,745

Total Expenses

$2,036

Mortgage P&I

75%

$1,303

Property Taxes

11%

$193

Home Insurance

5%

$87

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$105

Maintenance

5%

$87

Other

0%

$0

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