REI Lense

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$3,050 (target)

1 Timber View Dr, Bloomington, IL 61701

3 beds • 2 baths • 1148 sqft

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This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $67,812 initial cash invested.

4.62%

Cash On Cash

8.36%

Cap Rate

1.3

DSCR

$3,050

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,050 income − $2,789 expenses = $261 cash flow

Income$3,050Mortgage P&I$1,27042%Property Taxes$37212%Insurance$863%HOA$231%Management$36612%CapEx$1224%Vacancy$923%Maintenance$1224%Other$33611%Cash Flow$261

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,812

Downpayment

20%

$47,440

Closing costs

1%

$2,372

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,050

Total Expenses

$2,789

Mortgage P&I

42%

$1,270

Property Taxes

12%

$372

Home Insurance

3%

$86

HOA

1%

$23

Property Management

12%

$366

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$336

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