REI Lense

REI Lense

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$2,253 (target)

545 Richter Hl, Collinsville, IL 62234

3 beds • 2 baths • 2276 sqft

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This property looks like a bad Mid-Term investment with a projected -9.58% first-year return on $104k initial cash invested.

-9.58%

Cash On Cash

3.74%

Cap Rate

0.63

DSCR

$2,253

Rent

-$831

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$410k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$104k

Downpayment

20%

$82,000

Closing costs

1%

$4,100

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$2,253

Total Expenses

$3,084

Mortgage P&I

90%

$2,018

Property Taxes

7%

$156

Home Insurance

6%

$144

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$68

Maintenance

4%

$90

Other

11%

$248

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