REI Lense

REI Lense

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$2,140 (target)

3700 Bergamot Dr, Springfield, IL 62712

3 beds • 2 baths • 1664 sqft

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This property looks like a bad Long-Term investment with a projected -7.88% first-year return on $58,947 initial cash invested.

-7.88%

Cash On Cash

4.79%

Cap Rate

0.8

DSCR

$2,140

Rent

-$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$281k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,947

Downpayment

20%

$56,140

Closing costs

1%

$2,807

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,140

Total Expenses

$2,527

Mortgage P&I

65%

$1,400

Property Taxes

22%

$470

Home Insurance

5%

$101

HOA

0%

$0

Property Management

10%

$214

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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