REI Lense

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$1,873 (target)

5212 Wickway Dr, Alton, IL 62002

3 beds • 2 baths • 1170 sqft

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This property looks like a bad Long-Term investment with a projected -1.17% first-year return on $42,126 initial cash invested.

-1.17%

Cash On Cash

6.82%

Cap Rate

1.05

DSCR

$1,873

Rent

-$41

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,873 income − $1,914 expenses = $41 out of pocket

Income$1,873Out of Pocket$41Mortgage P&I$1,08758%Property Taxes$26814%Insurance$724%Management$18710%CapEx$945%Vacancy$1126%Maintenance$945%

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,126

Downpayment

20%

$40,120

Closing costs

1%

$2,006

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,873

Total Expenses

$1,914

Mortgage P&I

58%

$1,087

Property Taxes

14%

$268

Home Insurance

4%

$72

HOA

0%

$0

Property Management

10%

$187

CapEx

5%

$94

Vacancy

6%

$112

Maintenance

5%

$94

Other

0%

$0

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