REI Lense

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$1,750 (target)

2 Junior Dr, Belleville, IL 62223

3 beds • 2 baths • 1630 sqft

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This property looks like a bad Long-Term investment with a projected -5.5% first-year return on $39,039 initial cash invested.

-5.5%

Cash On Cash

5.98%

Cap Rate

0.91

DSCR

$1,750

Rent

-$179

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,750 income − $1,929 expenses = $179 out of pocket

Income$1,750Out of Pocket$179Mortgage P&I$1,01758%Property Taxes$39122%Insurance$654%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,039

Downpayment

20%

$37,180

Closing costs

1%

$1,859

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,750

Total Expenses

$1,929

Mortgage P&I

58%

$1,017

Property Taxes

22%

$391

Home Insurance

4%

$65

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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