REI Lense

REI Lense

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$1,245 (target)

406 Springer Ave, Edwardsville, IL 62025

3 beds • 2 baths • 1822 sqft

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This property looks like a bad Long-Term investment with a projected -10.18% first-year return on $39,480 initial cash invested.

-10.18%

Cash On Cash

4.7%

Cap Rate

0.73

DSCR

$1,245

Rent

-$335

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$188k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,480

Downpayment

20%

$37,600

Closing costs

1%

$1,880

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,245

Total Expenses

$1,580

Mortgage P&I

81%

$1,009

Property Taxes

14%

$180

Home Insurance

5%

$68

HOA

0%

$0

Property Management

10%

$124

CapEx

5%

$62

Vacancy

6%

$75

Maintenance

5%

$62

Other

0%

$0

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