REI Lense

REI Lense

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$1,663 (target)

1602 Cardinal Dr, Bourbonnais, IL 60914

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -10.91% first-year return on $51,492 initial cash invested.

-10.91%

Cash On Cash

4.33%

Cap Rate

0.7

DSCR

$1,663

Rent

-$468

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$245k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,492

Downpayment

20%

$49,040

Closing costs

1%

$2,452

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,663

Total Expenses

$2,131

Mortgage P&I

76%

$1,270

Property Taxes

21%

$341

Home Insurance

5%

$88

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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