REI Lense

REI Lense

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$2,228 (target)

2215 Red Barn Ln, Beloit, WI 53511

3 beds • 2 baths • 1790 sqft

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This property looks like a bad Long-Term investment with a projected -14.28% first-year return on $79,401 initial cash invested.

-14.28%

Cash On Cash

3.53%

Cap Rate

0.57

DSCR

$2,228

Rent

-$945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,228 income − $3,173 expenses = $945 out of pocket

Income$2,228Out of Pocket$945Mortgage P&I$1,94587%Property Taxes$51823%Insurance$1316%Management$22310%CapEx$1115%Vacancy$1346%Maintenance$1115%

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,401

Downpayment

20%

$75,620

Closing costs

1%

$3,781

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,228

Total Expenses

$3,173

Mortgage P&I

87%

$1,945

Property Taxes

23%

$518

Home Insurance

6%

$131

HOA

0%

$0

Property Management

10%

$223

CapEx

5%

$111

Vacancy

6%

$134

Maintenance

5%

$111

Other

0%

$0

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