REI Lense

REI Lense

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$2,030 (target)

3403 Timberline Dr, Champaign, IL 61822

3 beds • 2 baths • 1400 sqft

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This property looks like a bad Long-Term investment with a projected -10.69% first-year return on $56,679 initial cash invested.

-10.69%

Cash On Cash

4.24%

Cap Rate

0.7

DSCR

$2,030

Rent

-$505

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,030 income − $2,535 expenses = $505 out of pocket

Income$2,030Out of Pocket$505Mortgage P&I$1,35667%Property Taxes$52326%Insurance$945%HOA$332%Management$20310%CapEx$1025%Vacancy$1226%Maintenance$1025%

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,030

Total Expenses

$2,535

Mortgage P&I

67%

$1,356

Property Taxes

26%

$523

Home Insurance

5%

$94

HOA

2%

$33

Property Management

10%

$203

CapEx

5%

$102

Vacancy

6%

$122

Maintenance

5%

$102

Other

0%

$0

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