REI Lense

REI Lense

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$1,736 (target)

225 Pinecrest Dr, Macomb, IL 61455

3 beds • 2 baths • 1626 sqft

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This property looks like a bad Long-Term investment with a projected -10.42% first-year return on $45,024 initial cash invested.

-10.42%

Cash On Cash

4.84%

Cap Rate

0.74

DSCR

$1,736

Rent

-$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,736 income − $2,127 expenses = $391 out of pocket

Income$1,736Out of Pocket$391Mortgage P&I$1,16967%Property Taxes$42725%Insurance$795%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$214k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,024

Downpayment

20%

$42,880

Closing costs

1%

$2,144

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,736

Total Expenses

$2,127

Mortgage P&I

67%

$1,169

Property Taxes

25%

$427

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

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