REI Lense

REI Lense

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$2,615 (target)

4565 Spring Brook Rd, Rockford, IL 61114

3 beds • 2 baths • 1682 sqft

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This property looks like a bad Long-Term investment with a projected -6.24% first-year return on $70,035 initial cash invested.

-6.24%

Cash On Cash

5.31%

Cap Rate

0.86

DSCR

$2,615

Rent

-$364

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,615 income − $2,979 expenses = $364 out of pocket

Income$2,615Out of Pocket$364Mortgage P&I$1,70865%Property Taxes$46818%Insurance$1225%Management$26210%CapEx$1315%Vacancy$1576%Maintenance$1315%

Investment Breakdown

|

Purchase Price

$334k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,035

Downpayment

20%

$66,700

Closing costs

1%

$3,335

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,615

Total Expenses

$2,979

Mortgage P&I

65%

$1,708

Property Taxes

18%

$468

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$262

CapEx

5%

$131

Vacancy

6%

$157

Maintenance

5%

$131

Other

0%

$0

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