REI Lense

REI Lense

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$3,134 (target)

40W003 Russell Rd, Elgin, IL 60124

3 beds • 3 baths • 2378 sqft

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This property looks like a bad Long-Term investment with a projected -13.63% first-year return on $94,500 initial cash invested.

-13.63%

Cash On Cash

3.7%

Cap Rate

0.6

DSCR

$3,134

Rent

-$1,073

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,134 income − $4,207 expenses = $1,073 out of pocket

Income$3,134Out of Pocket$1,073Mortgage P&I$2,30273%Property Taxes$93230%Insurance$1585%Management$31310%CapEx$1575%Vacancy$1886%Maintenance$1575%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,500

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,134

Total Expenses

$4,207

Mortgage P&I

73%

$2,302

Property Taxes

30%

$932

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$313

CapEx

5%

$157

Vacancy

6%

$188

Maintenance

5%

$157

Other

0%

$0

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