REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,765 (target)

3421 Cobblestone Ln, Belvidere, IL 61008

3 beds • 3 baths • 1885 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.9% first-year return on $104k initial cash invested.

-5.9%

Cash On Cash

5.21%

Cap Rate

0.83

DSCR

$3,765

Rent

-$513

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,765 income − $4,278 expenses = $513 out of pocket

Income$3,765Out of Pocket$513Mortgage P&I$2,14657%Property Taxes$69118%Insurance$1474%HOA$13Management$45212%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41411%

Investment Breakdown

|

Purchase Price

$411k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,200

Closing costs

1%

$4,110

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$3,765

Total Expenses

$4,278

Mortgage P&I

57%

$2,146

Property Taxes

18%

$691

Home Insurance

4%

$147

HOA

0%

$13

Property Management

12%

$452

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$414

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis