REI Lense

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$2,068 (target)

509 Willow Pl, Salem, IL 62881

3 beds • 3 baths • 1756 sqft

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This property looks like a bad Long-Term investment with a projected -4.17% first-year return on $47,250 initial cash invested.

-4.17%

Cash On Cash

6.21%

Cap Rate

0.95

DSCR

$2,068

Rent

-$164

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,068 income − $2,232 expenses = $164 out of pocket

Income$2,068Out of Pocket$164Mortgage P&I$1,22659%Property Taxes$39019%Insurance$794%Management$20710%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,068

Total Expenses

$2,232

Mortgage P&I

59%

$1,226

Property Taxes

19%

$390

Home Insurance

4%

$79

HOA

0%

$0

Property Management

10%

$207

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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