REI Lense

REI Lense

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$2,524 (target)

6783 N Summit Dr, Byron, IL 61010

3 beds • 4 baths • 2971 sqft

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This property looks like a bad Long-Term investment with a projected -10.27% first-year return on $70,938 initial cash invested.

-10.27%

Cash On Cash

4.56%

Cap Rate

0.73

DSCR

$2,524

Rent

-$607

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,524 income − $3,131 expenses = $607 out of pocket

Income$2,524Out of Pocket$607Mortgage P&I$1,76470%Property Taxes$59023%Insurance$1225%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

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Purchase Price

$338k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,938

Downpayment

20%

$67,560

Closing costs

1%

$3,378

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,524

Total Expenses

$3,131

Mortgage P&I

70%

$1,764

Property Taxes

23%

$590

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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