REI Lense

REI Lense

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$2,444 (target)

5111 Springdale Ln, McHenry, IL 60050

3 beds • 2 baths • 1592 sqft

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This property looks like a bad Long-Term investment with a projected -4.6% first-year return on $57,708 initial cash invested.

-4.6%

Cash On Cash

5.64%

Cap Rate

0.93

DSCR

$2,444

Rent

-$221

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,444 income − $2,665 expenses = $221 out of pocket

Income$2,444Out of Pocket$221Mortgage P&I$1,39057%Property Taxes$54222%Insurance$984%Management$24410%CapEx$1225%Vacancy$1476%Maintenance$1225%

Investment Breakdown

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Purchase Price

$275k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,708

Downpayment

20%

$54,960

Closing costs

1%

$2,748

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,444

Total Expenses

$2,665

Mortgage P&I

57%

$1,390

Property Taxes

22%

$542

Home Insurance

4%

$98

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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