REI Lense

REI Lense

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$1,676 (target)

1821 Middlebury Rd, Freeport, IL 61032

3 beds • 2 baths • 1916 sqft

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This property looks like a bad Long-Term investment with a projected -3.5% first-year return on $36,708 initial cash invested.

-3.5%

Cash On Cash

6.38%

Cap Rate

0.98

DSCR

$1,676

Rent

-$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,676 income − $1,783 expenses = $107 out of pocket

Income$1,676Out of Pocket$107Mortgage P&I$95257%Property Taxes$33120%Insurance$634%Management$16810%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$175k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,708

Downpayment

20%

$34,960

Closing costs

1%

$1,748

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,676

Total Expenses

$1,783

Mortgage P&I

57%

$952

Property Taxes

20%

$331

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$168

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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