REI Lense

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$2,068 (target)

412 N State St, Belvidere, IL 61008

3 beds • 2 baths • 1504 sqft

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This property looks like a bad Long-Term investment with a projected -0.77% first-year return on $45,066 initial cash invested.

-0.77%

Cash On Cash

6.78%

Cap Rate

1.06

DSCR

$2,068

Rent

-$29

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,068 income − $2,097 expenses = $29 out of pocket

Income$2,068Out of Pocket$29Mortgage P&I$1,13955%Property Taxes$35517%Insurance$663%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$215k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,066

Downpayment

20%

$42,920

Closing costs

1%

$2,146

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,068

Total Expenses

$2,097

Mortgage P&I

55%

$1,139

Property Taxes

17%

$355

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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