REI Lense

REI Lense

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Target property

7721 Walsh Rd, Godfrey, IL 62035

3 beds • 2 baths • 2108 sqft

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This property looks like a bad Airbnb investment with a projected -33.01% first-year return on $98,325 initial cash invested.

-33.01%

Cash On Cash

-2.48%

Cap Rate

-0.41

DSCR

$0

Rent

-$2,705

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $2,705 expenses = $2,705 out of pocket

Income$0Out of Pocket$2,705Mortgage P&I$1,913Property Taxes$646Insurance$119HOA$27

Investment Breakdown

|

Purchase Price

$383k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,325

Downpayment

20%

$76,500

Closing costs

1%

$3,825

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$0

Total Expenses

$2,705

Mortgage P&I

19130000%

$1,913

Property Taxes

6460000%

$646

Home Insurance

1190000%

$119

HOA

270000%

$27

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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