REI Lense

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$2,198 (target)

1505 Paradise Dr, Highland, IL 62249

3 beds • 2 baths • 2141 sqft

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This property looks like a bad Mid-Term investment with a projected -7.27% first-year return on $75,225 initial cash invested.

-7.27%

Cash On Cash

4.94%

Cap Rate

0.75

DSCR

$2,198

Rent

-$456

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,198 income − $2,654 expenses = $456 out of pocket

Income$2,198Out of Pocket$456Mortgage P&I$1,49068%Property Taxes$32815%Insurance$884%Management$26412%CapEx$884%Vacancy$663%Maintenance$884%Other$24211%

Investment Breakdown

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Purchase Price

$273k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,225

Downpayment

20%

$54,500

Closing costs

1%

$2,725

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,198

Total Expenses

$2,654

Mortgage P&I

68%

$1,490

Property Taxes

15%

$328

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$264

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$242

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