REI Lense

REI Lense

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$1,432 (target)

1612 Summit Dr, Pekin, IL 61554

3 beds • 2 baths • 2376 sqft

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This property looks like a bad Long-Term investment with a projected -19.25% first-year return on $48,384 initial cash invested.

-19.25%

Cash On Cash

2.92%

Cap Rate

0.44

DSCR

$1,432

Rent

-$776

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,432 income − $2,208 expenses = $776 out of pocket

Income$1,432Out of Pocket$776Mortgage P&I$1,26588%Property Taxes$48634%Insurance$846%Management$14310%CapEx$725%Vacancy$866%Maintenance$725%

Investment Breakdown

|

Purchase Price

$230k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,384

Downpayment

20%

$46,080

Closing costs

1%

$2,304

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,432

Total Expenses

$2,208

Mortgage P&I

88%

$1,265

Property Taxes

34%

$486

Home Insurance

6%

$84

HOA

0%

$0

Property Management

10%

$143

CapEx

5%

$72

Vacancy

6%

$86

Maintenance

5%

$72

Other

0%

$0

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