REI Lense

REI Lense

Unlock all features! Tap here to upgrade

3241 Frese Dr, Quincy, IL 62305

3 beds • 2 baths • 2830 sqft

Email

This property looks like a bad Airbnb investment with a projected -4.59% first-year return on $80,811 initial cash invested.

-4.59%

Cash On Cash

5.37%

Cap Rate

0.87

DSCR

$2,883

Rent

-$309

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,883 income − $3,192 expenses = $309 out of pocket

Income$2,883Out of Pocket$309Mortgage P&I$1,53253%Property Taxes$1696%Insurance$1084%Management$43215%CapEx$1154%Maintenance$1154%Other$72125%

Investment Breakdown

|

Purchase Price

$299k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,811

Downpayment

20%

$59,820

Closing costs

1%

$2,991

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$3,192

Mortgage P&I

53%

$1,532

Property Taxes

6%

$169

Home Insurance

4%

$108

HOA

0%

$0

Property Management

15%

$432

CapEx

4%

$115

Vacancy

0%

$0

Maintenance

4%

$115

Other

25%

$721

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis