REI Lense

REI Lense

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$1,666 (target)

612 S Polk St, Millstadt, IL 62260

3 beds • 2 baths • 2228 sqft

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This property looks like a bad Long-Term investment with a projected -5.49% first-year return on $47,250 initial cash invested.

-5.49%

Cash On Cash

5.63%

Cap Rate

0.89

DSCR

$1,666

Rent

-$216

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,666 income − $1,882 expenses = $216 out of pocket

Income$1,666Out of Pocket$216Mortgage P&I$1,18871%Property Taxes$18211%Insurance$795%Management$16710%CapEx$835%Vacancy$1006%Maintenance$835%

Investment Breakdown

|

Purchase Price

$225k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,250

Downpayment

20%

$45,000

Closing costs

1%

$2,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,666

Total Expenses

$1,882

Mortgage P&I

71%

$1,188

Property Taxes

11%

$182

Home Insurance

5%

$79

HOA

0%

$0

Property Management

10%

$167

CapEx

5%

$83

Vacancy

6%

$100

Maintenance

5%

$83

Other

0%

$0

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