REI Lense

REI Lense

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$1,802 (target)

225 W Central Ave, Princeton, IL 61356

3 beds • 2 baths • 1655 sqft

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This property looks like a bad Mid-Term investment with a projected -3.51% first-year return on $57,102 initial cash invested.

-3.51%

Cash On Cash

5.73%

Cap Rate

0.9

DSCR

$1,802

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,102

Downpayment

20%

$37,240

Closing costs

1%

$1,862

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$1,802

Total Expenses

$1,969

Mortgage P&I

55%

$984

Property Taxes

16%

$294

Home Insurance

4%

$79

HOA

0%

$0

Property Management

12%

$216

CapEx

4%

$72

Vacancy

3%

$54

Maintenance

4%

$72

Other

11%

$198

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