REI Lense

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$1,805 (target)

436 Hickory Grv E, Quincy, IL 62305

3 beds • 2 baths • 2187 sqft

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This property might be a fair Long-Term investment with a projected 0.15% first-year return on $41,307 initial cash invested.

0.15%

Cash On Cash

6.92%

Cap Rate

1.09

DSCR

$1,805

Rent

$5

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,805 income − $1,800 expenses = $5 cash flow

Income$1,805Mortgage P&I$1,04058%Property Taxes$22212%Insurance$704%Management$18010%CapEx$905%Vacancy$1086%Maintenance$905%Cash Flow$5

Investment Breakdown

|

Purchase Price

$197k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,307

Downpayment

20%

$39,340

Closing costs

1%

$1,967

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,805

Total Expenses

$1,800

Mortgage P&I

58%

$1,040

Property Taxes

12%

$222

Home Insurance

4%

$70

HOA

0%

$0

Property Management

10%

$180

CapEx

5%

$90

Vacancy

6%

$108

Maintenance

5%

$90

Other

0%

$0

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