REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,026 (target)

2332 Northridge Dr, Quincy, IL 62305

3 beds • 2 baths • 2226 sqft

Email

This property looks like a bad Mid-Term investment with a projected -5.79% first-year return on $67,350 initial cash invested.

-5.79%

Cash On Cash

5.2%

Cap Rate

0.81

DSCR

$2,026

Rent

-$325

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,026 income − $2,351 expenses = $325 out of pocket

Income$2,026Out of Pocket$325Mortgage P&I$1,26362%Property Taxes$31716%Insurance$824%Management$24312%CapEx$814%Vacancy$613%Maintenance$814%Other$22311%

Investment Breakdown

|

Purchase Price

$235k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,350

Downpayment

20%

$47,000

Closing costs

1%

$2,350

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,026

Total Expenses

$2,351

Mortgage P&I

62%

$1,263

Property Taxes

16%

$317

Home Insurance

4%

$82

HOA

0%

$0

Property Management

12%

$243

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$223

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis