REI Lense

REI Lense

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$1,645 (target)

405 W Forrest Hill Ave, Peoria, IL 61604

3 beds • 2 baths • 1701 sqft

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This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $44,121 initial cash invested.

-10.44%

Cash On Cash

4.64%

Cap Rate

0.73

DSCR

$1,645

Rent

-$384

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,645 income − $2,029 expenses = $384 out of pocket

Income$1,645Out of Pocket$384Mortgage P&I$1,11568%Property Taxes$41225%Insurance$755%Management$16410%CapEx$825%Vacancy$996%Maintenance$825%

Investment Breakdown

|

Purchase Price

$210k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,121

Downpayment

20%

$42,020

Closing costs

1%

$2,101

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,645

Total Expenses

$2,029

Mortgage P&I

68%

$1,115

Property Taxes

25%

$412

Home Insurance

5%

$75

HOA

0%

$0

Property Management

10%

$164

CapEx

5%

$82

Vacancy

6%

$99

Maintenance

5%

$82

Other

0%

$0

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