REI Lense

REI Lense

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$1,389 (target)

1918 W Clarke Ave, Peoria, IL 61604

3 beds • 2 baths • 1484 sqft

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This property might be a fair Long-Term investment with a projected 1.36% first-year return on $31,731 initial cash invested.

1.36%

Cash On Cash

6.93%

Cap Rate

1.14

DSCR

$1,389

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$151k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$31,731

Downpayment

20%

$30,220

Closing costs

1%

$1,511

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,389

Total Expenses

$1,353

Mortgage P&I

55%

$767

Property Taxes

13%

$182

Home Insurance

3%

$44

HOA

0%

$0

Property Management

10%

$139

CapEx

5%

$69

Vacancy

6%

$83

Maintenance

5%

$69

Other

0%

$0

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