REI Lense

REI Lense

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$1,977 (target)

480 George St, Wood River, IL 62095

3 beds • 3 baths • 2141 sqft

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This property looks like a bad Long-Term investment with a projected -0.46% first-year return on $41,853 initial cash invested.

-0.46%

Cash On Cash

7.01%

Cap Rate

1.08

DSCR

$1,977

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,977 income − $1,993 expenses = $16 out of pocket

Income$1,977Out of Pocket$16Mortgage P&I$1,08255%Property Taxes$32817%Insurance$683%Management$19810%CapEx$995%Vacancy$1196%Maintenance$995%

Investment Breakdown

|

Purchase Price

$199k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,853

Downpayment

20%

$39,860

Closing costs

1%

$1,993

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,977

Total Expenses

$1,993

Mortgage P&I

55%

$1,082

Property Taxes

17%

$328

Home Insurance

3%

$68

HOA

0%

$0

Property Management

10%

$198

CapEx

5%

$99

Vacancy

6%

$119

Maintenance

5%

$99

Other

0%

$0

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