REI Lense

REI Lense

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$1,686 (target)

215 Woodlawn Ct, Quincy, IL 62301

3 beds • 2 baths • 2230 sqft

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This property looks like a bad Long-Term investment with a projected -11.88% first-year return on $51,723 initial cash invested.

-11.88%

Cash On Cash

4.28%

Cap Rate

0.67

DSCR

$1,686

Rent

-$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,686 income − $2,198 expenses = $512 out of pocket

Income$1,686Out of Pocket$512Mortgage P&I$1,30677%Property Taxes$36422%Insurance$905%Management$16910%CapEx$845%Vacancy$1016%Maintenance$845%

Investment Breakdown

|

Purchase Price

$246k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,723

Downpayment

20%

$49,260

Closing costs

1%

$2,463

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,686

Total Expenses

$2,198

Mortgage P&I

77%

$1,306

Property Taxes

22%

$364

Home Insurance

5%

$90

HOA

0%

$0

Property Management

10%

$169

CapEx

5%

$84

Vacancy

6%

$101

Maintenance

5%

$84

Other

0%

$0

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