REI Lense

REI Lense

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$1,661 (target)

1661 Mill Rd, Cherry Valley, IL 61016

3 beds • 2 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -12.61% first-year return on $69,279 initial cash invested.

-12.61%

Cash On Cash

3.86%

Cap Rate

0.62

DSCR

$1,661

Rent

-$728

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,661 income − $2,389 expenses = $728 out of pocket

Income$1,661Out of Pocket$728Mortgage P&I$1,705103%Property Taxes$1368%Insurance$1167%Management$16610%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$330k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,279

Downpayment

20%

$65,980

Closing costs

1%

$3,299

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,661

Total Expenses

$2,389

Mortgage P&I

103%

$1,705

Property Taxes

8%

$136

Home Insurance

7%

$116

HOA

0%

$0

Property Management

10%

$166

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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