REI Lense

REI Lense

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$2,361 (target)

803 Greenridge Dr, Sterling, IL 61081

3 beds • 2 baths • 1813 sqft

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This property looks like a bad Mid-Term investment with a projected -4.27% first-year return on $72,579 initial cash invested.

-4.27%

Cash On Cash

5.06%

Cap Rate

0.87

DSCR

$2,361

Rent

-$258

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$260k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,579

Downpayment

20%

$51,980

Closing costs

1%

$2,599

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,361

Total Expenses

$2,619

Mortgage P&I

53%

$1,259

Property Taxes

20%

$467

Home Insurance

4%

$91

HOA

0%

$0

Property Management

12%

$283

CapEx

4%

$94

Vacancy

3%

$71

Maintenance

4%

$94

Other

11%

$260

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