REI Lense

REI Lense

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$1,368 (target)

2540 19th Ave, Rock Island, IL 61201

3 beds • 2 baths • 2420 sqft

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This property looks like a bad Long-Term investment with a projected -12.28% first-year return on $33,810 initial cash invested.

-12.28%

Cash On Cash

4.48%

Cap Rate

0.68

DSCR

$1,368

Rent

-$346

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,368 income − $1,714 expenses = $346 out of pocket

Income$1,368Out of Pocket$346Mortgage P&I$87964%Property Taxes$41931%Insurance$614%Management$13710%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$33,810

Downpayment

20%

$32,200

Closing costs

1%

$1,610

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,368

Total Expenses

$1,714

Mortgage P&I

64%

$879

Property Taxes

31%

$419

Home Insurance

4%

$61

HOA

0%

$0

Property Management

10%

$137

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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