REI Lense

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$3,072 (target)

2709 Dryden Dr, Springfield, IL 62711

3 beds • 2 baths • 2508 sqft

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This property looks like a bad Mid-Term investment with a projected -11% first-year return on $99,354 initial cash invested.

-11%

Cash On Cash

4.16%

Cap Rate

0.63

DSCR

$3,072

Rent

-$911

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,072 income − $3,983 expenses = $911 out of pocket

Income$3,072Out of Pocket$911Mortgage P&I$2,13169%Property Taxes$65821%Insurance$1395%HOA$10Management$36912%CapEx$1234%Vacancy$923%Maintenance$1234%Other$33811%

Investment Breakdown

|

Purchase Price

$387k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,354

Downpayment

20%

$77,480

Closing costs

1%

$3,874

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,072

Total Expenses

$3,983

Mortgage P&I

69%

$2,131

Property Taxes

21%

$658

Home Insurance

5%

$139

HOA

0%

$10

Property Management

12%

$369

CapEx

4%

$123

Vacancy

3%

$92

Maintenance

4%

$123

Other

11%

$338

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