REI Lense

REI Lense

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$1,953 (target)

713 Independence Dr, Princeton, IL 61356

3 beds • 3 baths • 2082 sqft

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This property looks like a bad Long-Term investment with a projected -21.2% first-year return on $70,854 initial cash invested.

-21.2%

Cash On Cash

2.12%

Cap Rate

0.34

DSCR

$1,953

Rent

-$1,252

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,953 income − $3,205 expenses = $1,252 out of pocket

Income$1,953Out of Pocket$1,252Mortgage P&I$1,75190%Property Taxes$72437%Insurance$1226%HOA$1005%Management$19510%CapEx$985%Vacancy$1176%Maintenance$985%

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,854

Downpayment

20%

$67,480

Closing costs

1%

$3,374

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,953

Total Expenses

$3,205

Mortgage P&I

90%

$1,751

Property Taxes

37%

$724

Home Insurance

6%

$122

HOA

5%

$100

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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