REI Lense

REI Lense

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$2,252 (target)

404 Atlantic Dr NE, Poplar Grove, IL 61065

3 beds • 2 baths • 1152 sqft

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This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $54,600 initial cash invested.

-7.16%

Cash On Cash

5.38%

Cap Rate

0.85

DSCR

$2,252

Rent

-$326

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,252 income − $2,578 expenses = $326 out of pocket

Income$2,252Out of Pocket$326Mortgage P&I$1,37861%Property Taxes$37817%Insurance$914%HOA$1456%Management$22510%CapEx$1135%Vacancy$1356%Maintenance$1135%

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,600

Downpayment

20%

$52,000

Closing costs

1%

$2,600

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,252

Total Expenses

$2,578

Mortgage P&I

61%

$1,378

Property Taxes

17%

$378

Home Insurance

4%

$91

HOA

6%

$145

Property Management

10%

$225

CapEx

5%

$113

Vacancy

6%

$135

Maintenance

5%

$113

Other

0%

$0

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