REI Lense

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$3,266 (target)

318 Cortner Dr, Smithton, IL 62285

3 beds • 3 baths • 2500 sqft

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This property looks like a bad Mid-Term investment with a projected -3.28% first-year return on $87,426 initial cash invested.

-3.28%

Cash On Cash

5.96%

Cap Rate

0.94

DSCR

$3,266

Rent

-$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,266 income − $3,505 expenses = $239 out of pocket

Income$3,266Out of Pocket$239Mortgage P&I$1,75154%Property Taxes$56417%Insurance$792%Management$39212%CapEx$1314%Vacancy$983%Maintenance$1314%Other$35911%

Investment Breakdown

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Purchase Price

$331k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,426

Downpayment

20%

$66,120

Closing costs

1%

$3,306

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,266

Total Expenses

$3,505

Mortgage P&I

54%

$1,751

Property Taxes

17%

$564

Home Insurance

2%

$79

HOA

0%

$0

Property Management

12%

$392

CapEx

4%

$131

Vacancy

3%

$98

Maintenance

4%

$131

Other

11%

$359

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