REI Lense

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$2,212 (target)

249 S 7th St, Wood River, IL 62095

3 beds • 2 baths • 1280 sqft

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This property looks like a bad Mid-Term investment with a projected -2.41% first-year return on $62,856 initial cash invested.

-2.41%

Cash On Cash

6.12%

Cap Rate

0.97

DSCR

$2,212

Rent

-$126

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,212 income − $2,338 expenses = $126 out of pocket

Income$2,212Out of Pocket$126Mortgage P&I$1,12851%Property Taxes$38517%Insurance$753%Management$26512%CapEx$884%Vacancy$663%Maintenance$884%Other$24311%

Investment Breakdown

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Purchase Price

$214k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$62,856

Downpayment

20%

$42,720

Closing costs

1%

$2,136

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,212

Total Expenses

$2,338

Mortgage P&I

51%

$1,128

Property Taxes

17%

$385

Home Insurance

3%

$75

HOA

0%

$0

Property Management

12%

$265

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$243

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