REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,123 (target)

627 E Main St, Ottawa, IL 61350

3 beds • 3 baths • 1926 sqft

Email

This property looks like a bad Long-Term investment with a projected -12.68% first-year return on $60,774 initial cash invested.

-12.68%

Cash On Cash

4.23%

Cap Rate

0.66

DSCR

$2,123

Rent

-$642

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,123 income − $2,765 expenses = $642 out of pocket

Income$2,123Out of Pocket$642Mortgage P&I$1,55673%Property Taxes$57027%Insurance$884%Management$21210%CapEx$1065%Vacancy$1276%Maintenance$1065%

Investment Breakdown

|

Purchase Price

$289k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,774

Downpayment

20%

$57,880

Closing costs

1%

$2,894

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,123

Total Expenses

$2,765

Mortgage P&I

73%

$1,556

Property Taxes

27%

$570

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$212

CapEx

5%

$106

Vacancy

6%

$127

Maintenance

5%

$106

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis