REI Lense

REI Lense

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$1,078 (target)

4210 E Park Ln, Decatur, IL 62521

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Long-Term investment with a projected -18.15% first-year return on $43,050 initial cash invested.

-18.15%

Cash On Cash

3.06%

Cap Rate

0.47

DSCR

$1,078

Rent

-$651

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,078 income − $1,729 expenses = $651 out of pocket

Income$1,078Out of Pocket$651Mortgage P&I$1,119104%Property Taxes$25724%Insurance$727%Management$10810%CapEx$545%Vacancy$656%Maintenance$545%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$43,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,078

Total Expenses

$1,729

Mortgage P&I

104%

$1,119

Property Taxes

24%

$257

Home Insurance

7%

$72

HOA

0%

$0

Property Management

10%

$108

CapEx

5%

$54

Vacancy

6%

$65

Maintenance

5%

$54

Other

0%

$0

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