REI Lense

REI Lense

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$1,263 (target)

404 W Church St, Benton, IL 62812

3 beds • 3 baths • 1623 sqft

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This property looks like a bad Long-Term investment with a projected -5.78% first-year return on $34,650 initial cash invested.

-5.78%

Cash On Cash

5.76%

Cap Rate

0.88

DSCR

$1,263

Rent

-$167

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,263 income − $1,430 expenses = $167 out of pocket

Income$1,263Out of Pocket$167Mortgage P&I$89671%Property Taxes$14812%Insurance$585%Management$12610%CapEx$635%Vacancy$766%Maintenance$635%

Investment Breakdown

|

Purchase Price

$165k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$34,650

Downpayment

20%

$33,000

Closing costs

1%

$1,650

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,263

Total Expenses

$1,430

Mortgage P&I

71%

$896

Property Taxes

12%

$148

Home Insurance

5%

$58

HOA

0%

$0

Property Management

10%

$126

CapEx

5%

$63

Vacancy

6%

$76

Maintenance

5%

$63

Other

0%

$0

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