REI Lense

REI Lense

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$1,982 (target)

415 Ridgecrest Dr, Washington, IL 61571

3 beds • 2 baths • 1788 sqft

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This property looks like a bad Long-Term investment with a projected -8.43% first-year return on $52,794 initial cash invested.

-8.43%

Cash On Cash

5.05%

Cap Rate

0.8

DSCR

$1,982

Rent

-$371

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,982 income − $2,353 expenses = $371 out of pocket

Income$1,982Out of Pocket$371Mortgage P&I$1,33167%Property Taxes$42822%Insurance$794%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$251k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,794

Downpayment

20%

$50,280

Closing costs

1%

$2,514

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,982

Total Expenses

$2,353

Mortgage P&I

67%

$1,331

Property Taxes

22%

$428

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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