REI Lense

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$3,212 (target)

3907 Boulder Ridge Dr, Champaign, IL 61822

3 beds • 2 baths • 1780 sqft

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This property looks like a bad Mid-Term investment with a projected -8.73% first-year return on $96,750 initial cash invested.

-8.73%

Cash On Cash

4.14%

Cap Rate

0.69

DSCR

$3,212

Rent

-$704

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,212 income − $3,916 expenses = $704 out of pocket

Income$3,212Out of Pocket$704Mortgage P&I$1,87158%Property Taxes$82426%Insurance$1314%Management$38512%CapEx$1284%Vacancy$963%Maintenance$1284%Other$35311%

Investment Breakdown

|

Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,212

Total Expenses

$3,916

Mortgage P&I

58%

$1,871

Property Taxes

26%

$824

Home Insurance

4%

$131

HOA

0%

$0

Property Management

12%

$385

CapEx

4%

$128

Vacancy

3%

$96

Maintenance

4%

$128

Other

11%

$353

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