REI Lense

REI Lense

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$1,306 (target)

1508 Springfield Rd, East Peoria, IL 61611

3 beds • 2 baths • 1997 sqft

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This property looks like a bad Long-Term investment with a projected -22.97% first-year return on $50,106 initial cash invested.

-22.97%

Cash On Cash

1.87%

Cap Rate

0.29

DSCR

$1,306

Rent

-$959

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,306 income − $2,265 expenses = $959 out of pocket

Income$1,306Out of Pocket$959Mortgage P&I$1,26697%Property Taxes$57244%Insurance$887%Management$13110%CapEx$655%Vacancy$786%Maintenance$655%

Investment Breakdown

|

Purchase Price

$239k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,106

Downpayment

20%

$47,720

Closing costs

1%

$2,386

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,306

Total Expenses

$2,265

Mortgage P&I

97%

$1,266

Property Taxes

44%

$572

Home Insurance

7%

$88

HOA

0%

$0

Property Management

10%

$131

CapEx

5%

$65

Vacancy

6%

$78

Maintenance

5%

$65

Other

0%

$0

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