REI Lense

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$1,495 (target)

167 Lake Summerset Rd, Davis, IL 61019

3 beds • 3 baths • 1829 sqft

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This property looks like a bad Long-Term investment with a projected -17.93% first-year return on $51,324 initial cash invested.

-17.93%

Cash On Cash

2.7%

Cap Rate

0.44

DSCR

$1,495

Rent

-$767

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,495 income − $2,262 expenses = $767 out of pocket

Income$1,495Out of Pocket$767Mortgage P&I$1,24183%Property Taxes$44330%Insurance$906%HOA$987%Management$15010%CapEx$755%Vacancy$906%Maintenance$755%

Investment Breakdown

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Purchase Price

$244k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,324

Downpayment

20%

$48,880

Closing costs

1%

$2,444

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,495

Total Expenses

$2,262

Mortgage P&I

83%

$1,241

Property Taxes

30%

$443

Home Insurance

6%

$90

HOA

7%

$98

Property Management

10%

$150

CapEx

5%

$75

Vacancy

6%

$90

Maintenance

5%

$75

Other

0%

$0

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