REI Lense

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$1,617 (target)

4210 E Park Ln, Decatur, IL 62521

3 beds • 2 baths • 1480 sqft

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This property looks like a bad Mid-Term investment with a projected -7.51% first-year return on $61,050 initial cash invested.

-7.51%

Cash On Cash

4.69%

Cap Rate

0.72

DSCR

$1,617

Rent

-$382

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,617 income − $1,999 expenses = $382 out of pocket

Income$1,617Out of Pocket$382Mortgage P&I$1,11969%Property Taxes$25716%Insurance$724%Management$19412%CapEx$654%Vacancy$493%Maintenance$654%Other$17811%

Investment Breakdown

|

Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,050

Downpayment

20%

$41,000

Closing costs

1%

$2,050

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,617

Total Expenses

$1,999

Mortgage P&I

69%

$1,119

Property Taxes

16%

$257

Home Insurance

4%

$72

HOA

0%

$0

Property Management

12%

$194

CapEx

4%

$65

Vacancy

3%

$49

Maintenance

4%

$65

Other

11%

$178

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