REI Lense

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$2,855 (target)

4632 Magnolia Pl, Alton, IL 62002

3 beds • 3 baths • 2934 sqft

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This property looks like a bad Long-Term investment with a projected -4.61% first-year return on $73,605 initial cash invested.

-4.61%

Cash On Cash

5.57%

Cap Rate

0.92

DSCR

$2,855

Rent

-$283

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,855 income − $3,138 expenses = $283 out of pocket

Income$2,855Out of Pocket$283Mortgage P&I$1,76662%Property Taxes$49117%Insurance$1305%HOA$8Management$28610%CapEx$1435%Vacancy$1716%Maintenance$1435%

Investment Breakdown

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Purchase Price

$351k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,605

Downpayment

20%

$70,100

Closing costs

1%

$3,505

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,855

Total Expenses

$3,138

Mortgage P&I

62%

$1,766

Property Taxes

17%

$491

Home Insurance

5%

$130

HOA

0%

$8

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$171

Maintenance

5%

$143

Other

0%

$0

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