REI Lense

REI Lense

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$773 (target)

2835 W Bluff Ct, Quincy, IL 62305

3 beds • 2 baths • 1676 sqft

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This property looks like a bad Long-Term investment with a projected -25.38% first-year return on $43,785 initial cash invested.

-25.38%

Cash On Cash

1.41%

Cap Rate

0.22

DSCR

$773

Rent

-$926

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$773 income − $1,699 expenses = $926 out of pocket

Income$773Out of Pocket$926Mortgage P&I$1,132146%Property Taxes$29138%Insurance$7510%Management$7710%CapEx$395%Vacancy$466%Maintenance$395%

Investment Breakdown

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Purchase Price

$209k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,785

Downpayment

20%

$41,700

Closing costs

1%

$2,085

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$773

Total Expenses

$1,699

Mortgage P&I

146%

$1,132

Property Taxes

38%

$291

Home Insurance

10%

$75

HOA

0%

$0

Property Management

10%

$77

CapEx

5%

$39

Vacancy

6%

$46

Maintenance

5%

$39

Other

0%

$0

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