REI Lense

REI Lense

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$1,386 (target)

511 W 5th St, Benton, IL 62812

3 beds • 2 baths • 2223 sqft

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This property looks like a bad Long-Term investment with a projected -7.73% first-year return on $38,955 initial cash invested.

-7.73%

Cash On Cash

5.17%

Cap Rate

0.81

DSCR

$1,386

Rent

-$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,386 income − $1,637 expenses = $251 out of pocket

Income$1,386Out of Pocket$251Mortgage P&I$98171%Property Taxes$24418%Insurance$524%Management$13910%CapEx$695%Vacancy$836%Maintenance$695%

Investment Breakdown

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Purchase Price

$186k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,955

Downpayment

20%

$37,100

Closing costs

1%

$1,855

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,386

Total Expenses

$1,637

Mortgage P&I

71%

$981

Property Taxes

18%

$244

Home Insurance

4%

$52

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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