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420 W Ridgemont Rd, Peoria, IL 61614

3 beds • 3 baths • 1698 sqft

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This property might be a fair Mid-Term investment with a projected 0.6% first-year return on $71,823 initial cash invested.

0.6%

Cash On Cash

7.16%

Cap Rate

1.11

DSCR

$2,984

Rent

$36

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,823

Downpayment

20%

$51,260

Closing costs

1%

$2,563

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$2,948

Mortgage P&I

46%

$1,374

Property Taxes

16%

$478

Home Insurance

3%

$79

HOA

0%

$3

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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