REI Lense

REI Lense

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$1,361 (target)

49 Olympia Fields Dr, Pekin, IL 61554

3 beds • 2 baths • 1671 sqft

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This property looks like a bad Long-Term investment with a projected -15.9% first-year return on $44,541 initial cash invested.

-15.9%

Cash On Cash

3.51%

Cap Rate

0.54

DSCR

$1,361

Rent

-$590

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,361 income − $1,951 expenses = $590 out of pocket

Income$1,361Out of Pocket$590Mortgage P&I$1,14384%Property Taxes$37327%Insurance$776%HOA$4Management$13610%CapEx$685%Vacancy$826%Maintenance$685%

Investment Breakdown

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Purchase Price

$212k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$44,541

Downpayment

20%

$42,420

Closing costs

1%

$2,121

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,361

Total Expenses

$1,951

Mortgage P&I

84%

$1,143

Property Taxes

27%

$373

Home Insurance

6%

$77

HOA

0%

$4

Property Management

10%

$136

CapEx

5%

$68

Vacancy

6%

$82

Maintenance

5%

$68

Other

0%

$0

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