REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$1,548 (target)

3509 Ellington Rd, Quincy, IL 62305

3 beds • 2 baths • 2068 sqft

Email

This property looks like a bad Mid-Term investment with a projected -9.25% first-year return on $63,696 initial cash invested.

-9.25%

Cash On Cash

4.07%

Cap Rate

0.63

DSCR

$1,548

Rent

-$491

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,548 income − $2,039 expenses = $491 out of pocket

Income$1,548Out of Pocket$491Mortgage P&I$1,16775%Property Taxes$26717%Insurance$795%Management$18612%CapEx$624%Vacancy$463%Maintenance$624%Other$17011%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,696

Downpayment

20%

$43,520

Closing costs

1%

$2,176

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,548

Total Expenses

$2,039

Mortgage P&I

75%

$1,167

Property Taxes

17%

$267

Home Insurance

5%

$79

HOA

0%

$0

Property Management

12%

$186

CapEx

4%

$62

Vacancy

3%

$46

Maintenance

4%

$62

Other

11%

$170

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis