REI Lense

REI Lense

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$4,701 (target)

40W003 Russell Rd, Elgin, IL 60124

3 beds • 3 baths • 2378 sqft

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This property looks like a bad Mid-Term investment with a projected -3.08% first-year return on $113k initial cash invested.

-3.08%

Cash On Cash

5.87%

Cap Rate

0.96

DSCR

$4,701

Rent

-$289

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,701 income − $4,990 expenses = $289 out of pocket

Income$4,701Out of Pocket$289Mortgage P&I$2,30249%Property Taxes$93220%Insurance$1583%Management$56412%CapEx$1884%Vacancy$1413%Maintenance$1884%Other$51711%

Investment Breakdown

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Purchase Price

$450k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$113k

Downpayment

20%

$90,000

Closing costs

1%

$4,500

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,701

Total Expenses

$4,990

Mortgage P&I

49%

$2,302

Property Taxes

20%

$932

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$564

CapEx

4%

$188

Vacancy

3%

$141

Maintenance

4%

$188

Other

11%

$517

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