REI Lense

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$1,905 (target)

15515 Shipman Rd, Carlinville, IL 62626

3 beds • 2 baths • 1860 sqft

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This property looks like a bad Long-Term investment with a projected -11.75% first-year return on $76,419 initial cash invested.

-11.75%

Cash On Cash

3.82%

Cap Rate

0.64

DSCR

$1,905

Rent

-$748

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,905 income − $2,653 expenses = $748 out of pocket

Income$1,905Out of Pocket$748Mortgage P&I$1,81095%Property Taxes$21911%Insurance$1307%Management$19010%CapEx$955%Vacancy$1146%Maintenance$955%

Investment Breakdown

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Purchase Price

$364k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$76,419

Downpayment

20%

$72,780

Closing costs

1%

$3,639

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,905

Total Expenses

$2,653

Mortgage P&I

95%

$1,810

Property Taxes

12%

$219

Home Insurance

7%

$130

HOA

0%

$0

Property Management

10%

$190

CapEx

5%

$95

Vacancy

6%

$114

Maintenance

5%

$95

Other

0%

$0

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