REI Lense

REI Lense

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$1,529 (target)

7016 131st St, Coal Valley, IL 61240

3 beds • 2 baths • 1144 sqft

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This property looks like a bad Long-Term investment with a projected -13.44% first-year return on $61,698 initial cash invested.

-13.44%

Cash On Cash

3.37%

Cap Rate

0.57

DSCR

$1,529

Rent

-$691

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,529 income − $2,220 expenses = $691 out of pocket

Income$1,529Out of Pocket$691Mortgage P&I$1,43994%Property Taxes$26217%Insurance$1057%HOA$171%Management$15310%CapEx$765%Vacancy$926%Maintenance$765%

Investment Breakdown

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Purchase Price

$294k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,698

Downpayment

20%

$58,760

Closing costs

1%

$2,938

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,529

Total Expenses

$2,220

Mortgage P&I

94%

$1,439

Property Taxes

17%

$262

Home Insurance

7%

$105

HOA

1%

$17

Property Management

10%

$153

CapEx

5%

$76

Vacancy

6%

$92

Maintenance

5%

$76

Other

0%

$0

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