REI Lense

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$3,441 (target)

14 Apple Tree Ln, East Peoria, IL 61611

3 beds • 2 baths • 2252 sqft

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This property could be a profitable Mid-Term investment with a projected 14.66% first-year return on $61,575 initial cash invested.

14.66%

Cash On Cash

11.73%

Cap Rate

1.78

DSCR

$3,441

Rent

$752

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,441 income − $2,689 expenses = $752 cash flow

Income$3,441Mortgage P&I$1,13933%Property Taxes$2718%Insurance$752%HOA$331%Management$41312%CapEx$1384%Vacancy$1033%Maintenance$1384%Other$37911%Cash Flow$752

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,575

Downpayment

20%

$41,500

Closing costs

1%

$2,075

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,441

Total Expenses

$2,689

Mortgage P&I

33%

$1,139

Property Taxes

8%

$271

Home Insurance

2%

$75

HOA

1%

$33

Property Management

12%

$413

CapEx

4%

$138

Vacancy

3%

$103

Maintenance

4%

$138

Other

11%

$379

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