REI Lense

REI Lense

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$921 (target)

4208 Breckenridge Ln, Granite City, IL 62040

3 beds • 2 baths • 1224 sqft

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This property looks like a bad Long-Term investment with a projected -11.96% first-year return on $24,990 initial cash invested.

-11.96%

Cash On Cash

4.37%

Cap Rate

0.68

DSCR

$921

Rent

-$249

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$921 income − $1,170 expenses = $249 out of pocket

Income$921Out of Pocket$249Mortgage P&I$63669%Property Taxes$22124%Insurance$748%Management$9210%CapEx$465%Vacancy$556%Maintenance$465%

Investment Breakdown

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Purchase Price

$119k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$24,990

Downpayment

20%

$23,800

Closing costs

1%

$1,190

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$921

Total Expenses

$1,170

Mortgage P&I

69%

$636

Property Taxes

24%

$221

Home Insurance

8%

$74

HOA

0%

$0

Property Management

10%

$92

CapEx

5%

$46

Vacancy

6%

$55

Maintenance

5%

$46

Other

0%

$0

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