REI Lense

REI Lense

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$2,577 (target)

1423 Pioneer Ct, Waukegan, IL 60085

3 beds • 2 baths • 1550 sqft

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This property looks like a bad Long-Term investment with a projected -9.17% first-year return on $72,513 initial cash invested.

-9.17%

Cash On Cash

4.95%

Cap Rate

0.77

DSCR

$2,577

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $3,131 expenses = $554 out of pocket

Income$2,577Out of Pocket$554Mortgage P&I$1,85072%Property Taxes$48819%Insurance$1225%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

|

Purchase Price

$345k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,513

Downpayment

20%

$69,060

Closing costs

1%

$3,453

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,577

Total Expenses

$3,131

Mortgage P&I

72%

$1,850

Property Taxes

19%

$488

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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