REI Lense

REI Lense

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$2,056 (target)

3418 Citadel Dr, Rockford, IL 61109

3 beds • 2 baths • 1402 sqft

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This property looks like a bad Long-Term investment with a projected -8.62% first-year return on $49,686 initial cash invested.

-8.62%

Cash On Cash

5.24%

Cap Rate

0.8

DSCR

$2,056

Rent

-$357

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,056 income − $2,413 expenses = $357 out of pocket

Income$2,056Out of Pocket$357Mortgage P&I$1,28863%Property Taxes$50625%Insurance$844%Management$20610%CapEx$1035%Vacancy$1236%Maintenance$1035%

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,686

Downpayment

20%

$47,320

Closing costs

1%

$2,366

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,056

Total Expenses

$2,413

Mortgage P&I

63%

$1,288

Property Taxes

25%

$506

Home Insurance

4%

$84

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$123

Maintenance

5%

$103

Other

0%

$0

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