REI Lense

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$1,936 (target)

7 Magnolia Ct, Putnam, IL 61560

3 beds • 2 baths • 1750 sqft

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This property looks like a bad Long-Term investment with a projected -6.52% first-year return on $44,016 initial cash invested.

-6.52%

Cash On Cash

5.74%

Cap Rate

0.88

DSCR

$1,936

Rent

-$239

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,936 income − $2,175 expenses = $239 out of pocket

Income$1,936Out of Pocket$239Mortgage P&I$1,14459%Property Taxes$38920%Insurance$704%HOA$684%Management$19410%CapEx$975%Vacancy$1166%Maintenance$975%

Investment Breakdown

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Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,016

Downpayment

20%

$41,920

Closing costs

1%

$2,096

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,936

Total Expenses

$2,175

Mortgage P&I

59%

$1,144

Property Taxes

20%

$389

Home Insurance

4%

$70

HOA

4%

$68

Property Management

10%

$194

CapEx

5%

$97

Vacancy

6%

$116

Maintenance

5%

$97

Other

0%

$0

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