REI Lense

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$2,858 (target)

15515 Shipman Rd, Carlinville, IL 62626

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Mid-Term investment with a projected -3.46% first-year return on $94,419 initial cash invested.

-3.46%

Cash On Cash

5.45%

Cap Rate

0.91

DSCR

$2,858

Rent

-$272

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,858 income − $3,130 expenses = $272 out of pocket

Income$2,858Out of Pocket$272Mortgage P&I$1,81063%Property Taxes$2198%Insurance$1305%Management$34312%CapEx$1144%Vacancy$863%Maintenance$1144%Other$31411%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,419

Downpayment

20%

$72,780

Closing costs

1%

$3,639

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,858

Total Expenses

$3,130

Mortgage P&I

63%

$1,810

Property Taxes

8%

$219

Home Insurance

5%

$130

HOA

0%

$0

Property Management

12%

$343

CapEx

4%

$114

Vacancy

3%

$86

Maintenance

4%

$114

Other

11%

$314

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