REI Lense

REI Lense

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$1,088 (target)

201 N Hannibal St, Tremont, IL 61568

3 beds • 2 baths • 1643 sqft

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This property looks like a bad Long-Term investment with a projected -15.58% first-year return on $53,928 initial cash invested.

-15.58%

Cash On Cash

2.81%

Cap Rate

0.48

DSCR

$1,088

Rent

-$700

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,088 income − $1,788 expenses = $700 out of pocket

Income$1,088Out of Pocket$700Mortgage P&I$1,248115%Property Taxes$16415%Insurance$949%Management$10910%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,928

Downpayment

20%

$51,360

Closing costs

1%

$2,568

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,088

Total Expenses

$1,788

Mortgage P&I

115%

$1,248

Property Taxes

15%

$164

Home Insurance

9%

$94

HOA

0%

$0

Property Management

10%

$109

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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