REI Lense

REI Lense

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$2,487 (target)

648 S Liberty St, Elgin, IL 60120

3 beds • 2 baths • 1560 sqft

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This property looks like a bad Long-Term investment with a projected -0.23% first-year return on $56,238 initial cash invested.

-0.23%

Cash On Cash

7.05%

Cap Rate

1.08

DSCR

$2,487

Rent

-$11

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,487 income − $2,498 expenses = $11 out of pocket

Income$2,487Out of Pocket$11Mortgage P&I$1,46159%Property Taxes$32513%Insurance$663%Management$24910%CapEx$1245%Vacancy$1496%Maintenance$1245%

Investment Breakdown

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Purchase Price

$268k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$56,238

Downpayment

20%

$53,560

Closing costs

1%

$2,678

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,487

Total Expenses

$2,498

Mortgage P&I

59%

$1,461

Property Taxes

13%

$325

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$249

CapEx

5%

$124

Vacancy

6%

$149

Maintenance

5%

$124

Other

0%

$0

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