REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,659 (target)

1376 Burns Dr, Elgin, IL 60120

3 beds • 2 baths • 1243 sqft

Email

This property looks like a bad Long-Term investment with a projected -7.14% first-year return on $73,563 initial cash invested.

-7.14%

Cash On Cash

5%

Cap Rate

0.83

DSCR

$2,659

Rent

-$438

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,659 income − $3,097 expenses = $438 out of pocket

Income$2,659Out of Pocket$438Mortgage P&I$1,76566%Property Taxes$51619%Insurance$1245%Management$26610%CapEx$1335%Vacancy$1606%Maintenance$1335%

Investment Breakdown

|

Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,563

Downpayment

20%

$70,060

Closing costs

1%

$3,503

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,659

Total Expenses

$3,097

Mortgage P&I

66%

$1,765

Property Taxes

19%

$516

Home Insurance

5%

$124

HOA

0%

$0

Property Management

10%

$266

CapEx

5%

$133

Vacancy

6%

$160

Maintenance

5%

$133

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis