REI Lense

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$1,607 (target)

7 Hickory Ln, Carlinville, IL 62626

3 beds • 2 baths • 1737 sqft

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This property looks like a bad Long-Term investment with a projected -4.65% first-year return on $44,100 initial cash invested.

-4.65%

Cash On Cash

5.71%

Cap Rate

0.92

DSCR

$1,607

Rent

-$171

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,607 income − $1,778 expenses = $171 out of pocket

Income$1,607Out of Pocket$171Mortgage P&I$1,09068%Property Taxes$19412%Insurance$775%Management$16110%CapEx$805%Vacancy$966%Maintenance$805%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,100

Downpayment

20%

$42,000

Closing costs

1%

$2,100

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,607

Total Expenses

$1,778

Mortgage P&I

68%

$1,090

Property Taxes

12%

$194

Home Insurance

5%

$77

HOA

0%

$0

Property Management

10%

$161

CapEx

5%

$80

Vacancy

6%

$96

Maintenance

5%

$80

Other

0%

$0

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