REI Lense

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$1,448 (target)

1107 Monroe St, Pekin, IL 61554

3 beds • 2 baths • 1364 sqft

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This property looks like a bad Long-Term investment with a projected -1.91% first-year return on $36,414 initial cash invested.

-1.91%

Cash On Cash

6.6%

Cap Rate

1.01

DSCR

$1,448

Rent

-$58

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,448 income − $1,506 expenses = $58 out of pocket

Income$1,448Out of Pocket$58Mortgage P&I$93965%Property Taxes$1289%Insurance$634%Management$14510%CapEx$725%Vacancy$876%Maintenance$725%

Investment Breakdown

|

Purchase Price

$173k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,414

Downpayment

20%

$34,680

Closing costs

1%

$1,734

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,448

Total Expenses

$1,506

Mortgage P&I

65%

$939

Property Taxes

9%

$128

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$145

CapEx

5%

$72

Vacancy

6%

$87

Maintenance

5%

$72

Other

0%

$0

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