REI Lense

REI Lense

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$1,111 (target)

1309 Market St, Pekin, IL 61554

3 beds • 2 baths • 1694 sqft

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This property might be a fair Long-Term investment with a projected 2.29% first-year return on $26,250 initial cash invested.

2.29%

Cash On Cash

7.11%

Cap Rate

1.17

DSCR

$1,111

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,111 income − $1,061 expenses = $50 cash flow

Income$1,111Mortgage P&I$63557%Property Taxes$928%Insurance$444%Management$11110%CapEx$565%Vacancy$676%Maintenance$565%Cash Flow$50

Investment Breakdown

|

Purchase Price

$125k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$26,250

Downpayment

20%

$25,000

Closing costs

1%

$1,250

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,111

Total Expenses

$1,061

Mortgage P&I

57%

$635

Property Taxes

8%

$92

Home Insurance

4%

$44

HOA

0%

$0

Property Management

10%

$111

CapEx

5%

$56

Vacancy

6%

$67

Maintenance

5%

$56

Other

0%

$0

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