REI Lense

REI Lense

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$1,624 (target)

713 Oakland Ave, Quincy, IL 62301

3 beds • 2 baths • 1768 sqft

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This property looks like a bad Long-Term investment with a projected -0.69% first-year return on $36,519 initial cash invested.

-0.69%

Cash On Cash

6.96%

Cap Rate

1.06

DSCR

$1,624

Rent

-$21

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,624 income − $1,645 expenses = $21 out of pocket

Income$1,624Out of Pocket$21Mortgage P&I$94958%Property Taxes$21213%Insurance$634%Management$16210%CapEx$815%Vacancy$976%Maintenance$815%

Investment Breakdown

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Purchase Price

$174k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,519

Downpayment

20%

$34,780

Closing costs

1%

$1,739

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,624

Total Expenses

$1,645

Mortgage P&I

58%

$949

Property Taxes

13%

$212

Home Insurance

4%

$63

HOA

0%

$0

Property Management

10%

$162

CapEx

5%

$81

Vacancy

6%

$97

Maintenance

5%

$81

Other

0%

$0

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