REI Lense

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$1,867 (target)

410 Wagon Creek Loop, Creal Springs, IL 62922

3 beds • 2 baths • 2230 sqft

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This property looks like a bad Long-Term investment with a projected -21% first-year return on $105k initial cash invested.

-21%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$1,867

Rent

-$1,845

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,867 income − $3,712 expenses = $1,845 out of pocket

Income$1,867Out of Pocket$1,845Mortgage P&I$2,533136%Property Taxes$51428%Insurance$18010%Management$18710%CapEx$935%Vacancy$1126%Maintenance$935%

Investment Breakdown

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Purchase Price

$502k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$100k

Closing costs

1%

$5,021

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,867

Total Expenses

$3,712

Mortgage P&I

136%

$2,533

Property Taxes

28%

$514

Home Insurance

10%

$180

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$93

Vacancy

6%

$112

Maintenance

5%

$93

Other

0%

$0

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