REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,196 (target)

516 River Dr, Belvidere, IL 61008

3 beds • 2 baths • 1634 sqft

Email

This property might be a fair Long-Term investment with a projected 1.34% first-year return on $45,591 initial cash invested.

1.34%

Cash On Cash

7.44%

Cap Rate

1.14

DSCR

$2,196

Rent

$51

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,196 income − $2,145 expenses = $51 cash flow

Income$2,196Mortgage P&I$1,18554%Property Taxes$32515%Insurance$633%Management$22010%CapEx$1105%Vacancy$1326%Maintenance$1105%Cash Flow$51

Investment Breakdown

|

Purchase Price

$217k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,591

Downpayment

20%

$43,420

Closing costs

1%

$2,171

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,196

Total Expenses

$2,145

Mortgage P&I

54%

$1,185

Property Taxes

15%

$325

Home Insurance

3%

$63

HOA

0%

$0

Property Management

10%

$220

CapEx

5%

$110

Vacancy

6%

$132

Maintenance

5%

$110

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis