REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,611 (target)

2277 S Briggs St, Lockport, IL 60441

3 beds • 2 baths • 1040 sqft

Email

This property looks like a bad Long-Term investment with a projected -4.79% first-year return on $61,887 initial cash invested.

-4.79%

Cash On Cash

6.19%

Cap Rate

0.93

DSCR

$2,611

Rent

-$247

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,611 income − $2,858 expenses = $247 out of pocket

Income$2,611Out of Pocket$247Mortgage P&I$1,63763%Property Taxes$43617%Insurance$1054%Management$26110%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$295k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,887

Downpayment

20%

$58,940

Closing costs

1%

$2,947

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,611

Total Expenses

$2,858

Mortgage P&I

63%

$1,637

Property Taxes

17%

$436

Home Insurance

4%

$105

HOA

0%

$0

Property Management

10%

$261

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis