REI Lense

REI Lense

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$1,063 (target)

614 6th St, Colona, IL 61241

3 beds • 2 baths • 1650 sqft

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This property looks like a bad Long-Term investment with a projected -13.83% first-year return on $27,930 initial cash invested.

-13.83%

Cash On Cash

3.92%

Cap Rate

0.62

DSCR

$1,063

Rent

-$322

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,063 income − $1,385 expenses = $322 out of pocket

Income$1,063Out of Pocket$322Mortgage P&I$70366%Property Taxes$33231%Insurance$747%Management$10610%CapEx$535%Vacancy$646%Maintenance$535%

Investment Breakdown

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Purchase Price

$133k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$27,930

Downpayment

20%

$26,600

Closing costs

1%

$1,330

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,063

Total Expenses

$1,385

Mortgage P&I

66%

$703

Property Taxes

31%

$332

Home Insurance

7%

$74

HOA

0%

$0

Property Management

10%

$106

CapEx

5%

$53

Vacancy

6%

$64

Maintenance

5%

$53

Other

0%

$0

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