REI Lense

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$1,594 (target)

614 6th St, Colona, IL 61241

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Mid-Term investment with a projected -1.49% first-year return on $45,930 initial cash invested.

-1.49%

Cash On Cash

6.41%

Cap Rate

1.01

DSCR

$1,594

Rent

-$57

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,594 income − $1,651 expenses = $57 out of pocket

Income$1,594Out of Pocket$57Mortgage P&I$70344%Property Taxes$33221%Insurance$745%Management$19112%CapEx$644%Vacancy$483%Maintenance$644%Other$17511%

Investment Breakdown

|

Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$45,930

Downpayment

20%

$26,600

Closing costs

1%

$1,330

Rehab

0%

$0

Furnishing

14%

$18,000

Cashflow

Total Income

$1,594

Total Expenses

$1,651

Mortgage P&I

44%

$703

Property Taxes

21%

$332

Home Insurance

5%

$74

HOA

0%

$0

Property Management

12%

$191

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$175

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