REI Lense

REI Lense

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$3,245 (target)

2095 Wesmere Lakes Dr, Plainfield, IL 60586

3 beds • 3 baths • 2000 sqft

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This property looks like a bad Long-Term investment with a projected -8.32% first-year return on $91,140 initial cash invested.

-8.32%

Cash On Cash

4.66%

Cap Rate

0.78

DSCR

$3,245

Rent

-$632

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,245 income − $3,877 expenses = $632 out of pocket

Income$3,245Out of Pocket$632Mortgage P&I$2,15566%Property Taxes$62919%Insurance$1545%HOA$963%Management$32410%CapEx$1625%Vacancy$1956%Maintenance$1625%

Investment Breakdown

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Purchase Price

$434k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,140

Downpayment

20%

$86,800

Closing costs

1%

$4,340

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,245

Total Expenses

$3,877

Mortgage P&I

66%

$2,155

Property Taxes

19%

$629

Home Insurance

5%

$154

HOA

3%

$96

Property Management

10%

$324

CapEx

5%

$162

Vacancy

6%

$195

Maintenance

5%

$162

Other

0%

$0

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