REI Lense

REI Lense

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$1,274 (target)

308 Bailey Ln, Benton, IL 62812

3 beds • 2 baths • 1648 sqft

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This property looks like a bad Long-Term investment with a projected -7.71% first-year return on $37,800 initial cash invested.

-7.71%

Cash On Cash

5.25%

Cap Rate

0.81

DSCR

$1,274

Rent

-$243

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,274 income − $1,517 expenses = $243 out of pocket

Income$1,274Out of Pocket$243Mortgage P&I$96776%Property Taxes$15612%Insurance$635%Management$12710%CapEx$645%Vacancy$766%Maintenance$645%

Investment Breakdown

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Purchase Price

$180k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$37,800

Downpayment

20%

$36,000

Closing costs

1%

$1,800

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,274

Total Expenses

$1,517

Mortgage P&I

76%

$967

Property Taxes

12%

$156

Home Insurance

5%

$63

HOA

0%

$0

Property Management

10%

$127

CapEx

5%

$64

Vacancy

6%

$76

Maintenance

5%

$64

Other

0%

$0

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