REI Lense

REI Lense

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$3,326 (target)

720 Illini Dr, East Peoria, IL 61611

3 beds • 3 baths • 3294 sqft

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This property looks like a bad Mid-Term investment with a projected -3.35% first-year return on $85,137 initial cash invested.

-3.35%

Cash On Cash

5.61%

Cap Rate

0.93

DSCR

$3,326

Rent

-$238

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,326 income − $3,564 expenses = $238 out of pocket

Income$3,326Out of Pocket$238Mortgage P&I$1,59948%Property Taxes$69421%Insurance$1404%Management$39912%CapEx$1334%Vacancy$1003%Maintenance$1334%Other$36611%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,326

Total Expenses

$3,564

Mortgage P&I

48%

$1,599

Property Taxes

21%

$694

Home Insurance

4%

$140

HOA

0%

$0

Property Management

12%

$399

CapEx

4%

$133

Vacancy

3%

$100

Maintenance

4%

$133

Other

11%

$366

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