REI Lense

REI Lense

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$1,304 (target)

104 N 12th St, Pekin, IL 61554

3 beds • 2 baths • 1719 sqft

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This property might be a fair Long-Term investment with a projected 4.53% first-year return on $28,329 initial cash invested.

4.53%

Cash On Cash

7.9%

Cap Rate

1.24

DSCR

$1,304

Rent

$107

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,304 income − $1,197 expenses = $107 cash flow

Income$1,304Mortgage P&I$71655%Property Taxes$967%Insurance$474%Management$13010%CapEx$655%Vacancy$786%Maintenance$655%Cash Flow$107

Investment Breakdown

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Purchase Price

$135k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,329

Downpayment

20%

$26,980

Closing costs

1%

$1,349

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,304

Total Expenses

$1,197

Mortgage P&I

55%

$716

Property Taxes

7%

$96

Home Insurance

4%

$47

HOA

0%

$0

Property Management

10%

$130

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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