REI Lense

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$2,776 (target)

141 Rivermeade Ln, Belleville, IL 62220

3 beds • 3 baths • 1560 sqft

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This property looks like a bad Mid-Term investment with a projected -3.19% first-year return on $75,603 initial cash invested.

-3.19%

Cash On Cash

5.53%

Cap Rate

0.93

DSCR

$2,776

Rent

-$201

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,776

Total Expenses

$2,977

Mortgage P&I

49%

$1,353

Property Taxes

20%

$559

Home Insurance

3%

$96

HOA

1%

$26

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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