REI Lense

REI Lense

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$1,424 (target)

705 S 3rd St, Oregon, IL 61061

3 beds • 2 baths • 1024 sqft

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This property looks like a bad Long-Term investment with a projected -11.93% first-year return on $39,123 initial cash invested.

-11.93%

Cash On Cash

4.51%

Cap Rate

0.69

DSCR

$1,424

Rent

-$389

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,424 income − $1,813 expenses = $389 out of pocket

Income$1,424Out of Pocket$389Mortgage P&I$1,01871%Property Taxes$36025%Insurance$665%Management$14210%CapEx$715%Vacancy$856%Maintenance$715%

Investment Breakdown

|

Purchase Price

$186k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,123

Downpayment

20%

$37,260

Closing costs

1%

$1,863

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,424

Total Expenses

$1,813

Mortgage P&I

71%

$1,018

Property Taxes

25%

$360

Home Insurance

5%

$66

HOA

0%

$0

Property Management

10%

$142

CapEx

5%

$71

Vacancy

6%

$85

Maintenance

5%

$71

Other

0%

$0

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