REI Lense

REI Lense

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$638 (target)

2579 W Fairgrounds Rd, Freeport, IL 61032

3 beds • 3 baths • 3592 sqft

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This property looks like a bad Long-Term investment with a projected -37.42% first-year return on $123k initial cash invested.

-37.42%

Cash On Cash

-1.8%

Cap Rate

-0.3

DSCR

$638

Rent

-$3,831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$638 income − $4,469 expenses = $3,831 out of pocket

Income$638Out of Pocket$3,831Mortgage P&I$2,920458%Property Taxes$1,178185%Insurance$20532%Management$6410%CapEx$325%Vacancy$386%Maintenance$325%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$123k

Downpayment

20%

$117k

Closing costs

1%

$5,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$638

Total Expenses

$4,469

Mortgage P&I

458%

$2,920

Property Taxes

185%

$1,178

Home Insurance

32%

$205

HOA

0%

$0

Property Management

10%

$64

CapEx

5%

$32

Vacancy

6%

$38

Maintenance

5%

$32

Other

0%

$0

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