REI Lense

REI Lense

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$1,851 (target)

141 Rivermeade Ln, Belleville, IL 62220

3 beds • 3 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -13.85% first-year return on $57,603 initial cash invested.

-13.85%

Cash On Cash

3.42%

Cap Rate

0.58

DSCR

$1,851

Rent

-$665

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

$57,603

Downpayment

20%

$54,860

Closing costs

1%

$2,743

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,851

Total Expenses

$2,516

Mortgage P&I

73%

$1,353

Property Taxes

30%

$559

Home Insurance

5%

$96

HOA

1%

$26

Property Management

10%

$185

CapEx

5%

$93

Vacancy

6%

$111

Maintenance

5%

$93

Other

0%

$0

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