REI Lense

REI Lense

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$3,334 (target)

2102 Laurel Park Pl, Champaign, IL 61822

3 beds • 4 baths • 2235 sqft

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This property looks like a bad Long-Term investment with a projected -11.69% first-year return on $101k initial cash invested.

-11.69%

Cash On Cash

3.94%

Cap Rate

0.66

DSCR

$3,334

Rent

-$988

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$483k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$96,620

Closing costs

1%

$4,831

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,334

Total Expenses

$4,322

Mortgage P&I

72%

$2,409

Property Taxes

26%

$872

Home Insurance

5%

$174

HOA

0%

$0

Property Management

10%

$333

CapEx

5%

$167

Vacancy

6%

$200

Maintenance

5%

$167

Other

0%

$0

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