REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,740 (target)

830 Lake Summerset Rd, Davis, IL 61019

3 beds • 2 baths • 1862 sqft

Email

This property looks like a bad Long-Term investment with a projected -11.03% first-year return on $59,850 initial cash invested.

-11.03%

Cash On Cash

4.2%

Cap Rate

0.68

DSCR

$1,740

Rent

-$550

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,740 income − $2,290 expenses = $550 out of pocket

Income$1,740Out of Pocket$550Mortgage P&I$1,46084%Property Taxes$18010%Insurance$1006%HOA$986%Management$17410%CapEx$875%Vacancy$1046%Maintenance$875%

Investment Breakdown

|

Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,850

Downpayment

20%

$57,000

Closing costs

1%

$2,850

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,740

Total Expenses

$2,290

Mortgage P&I

84%

$1,460

Property Taxes

10%

$180

Home Insurance

6%

$100

HOA

6%

$98

Property Management

10%

$174

CapEx

5%

$87

Vacancy

6%

$104

Maintenance

5%

$87

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis