REI Lense

REI Lense

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$1,288 (target)

2517 W Magnolia Ave, West Peoria, IL 61604

3 beds • 1 baths • 1275 sqft

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This property might be a fair Long-Term investment with a projected 4.05% first-year return on $25,200 initial cash invested.

4.05%

Cash On Cash

7.58%

Cap Rate

1.24

DSCR

$1,288

Rent

$85

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,288 income − $1,203 expenses = $85 cash flow

Income$1,288Mortgage P&I$60947%Property Taxes$21817%Insurance$423%Management$12910%CapEx$645%Vacancy$776%Maintenance$645%Cash Flow$85

Investment Breakdown

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Purchase Price

$120k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$25,200

Downpayment

20%

$24,000

Closing costs

1%

$1,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,288

Total Expenses

$1,203

Mortgage P&I

47%

$609

Property Taxes

17%

$218

Home Insurance

3%

$42

HOA

0%

$0

Property Management

10%

$129

CapEx

5%

$64

Vacancy

6%

$77

Maintenance

5%

$64

Other

0%

$0

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