REI Lense

REI Lense

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$1,557 (target)

9 E North Court Dr, Decatur, IL 62526

3 beds • 2 baths • 1834 sqft

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This property looks like a bad Long-Term investment with a projected -8.6% first-year return on $41,139 initial cash invested.

-8.6%

Cash On Cash

5.09%

Cap Rate

0.79

DSCR

$1,557

Rent

-$295

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,557 income − $1,852 expenses = $295 out of pocket

Income$1,557Out of Pocket$295Mortgage P&I$1,04867%Property Taxes$32921%Insurance$704%Management$15610%CapEx$785%Vacancy$936%Maintenance$785%

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,139

Downpayment

20%

$39,180

Closing costs

1%

$1,959

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,557

Total Expenses

$1,852

Mortgage P&I

67%

$1,048

Property Taxes

21%

$329

Home Insurance

5%

$70

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$93

Maintenance

5%

$78

Other

0%

$0

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