REI Lense

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$2,248 (target)

1321 Hilltop Dr, Pekin, IL 61554

3 beds • 2 baths • 1440 sqft

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This property might be a fair Mid-Term investment with a projected 5.02% first-year return on $54,540 initial cash invested.

5.02%

Cash On Cash

8.7%

Cap Rate

1.34

DSCR

$2,248

Rent

$228

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,248 income − $2,020 expenses = $228 cash flow

Income$2,248Mortgage P&I$94342%Property Taxes$25011%Insurance$633%Management$27012%CapEx$904%Vacancy$673%Maintenance$904%Other$24711%Cash Flow$228

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,540

Downpayment

20%

$34,800

Closing costs

1%

$1,740

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,248

Total Expenses

$2,020

Mortgage P&I

42%

$943

Property Taxes

11%

$250

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$270

CapEx

4%

$90

Vacancy

3%

$67

Maintenance

4%

$90

Other

11%

$247

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