REI Lense

REI Lense

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$2,217 (target)

720 Illini Dr, East Peoria, IL 61611

3 beds • 3 baths • 3294 sqft

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This property looks like a bad Long-Term investment with a projected -14.17% first-year return on $67,137 initial cash invested.

-14.17%

Cash On Cash

3.44%

Cap Rate

0.57

DSCR

$2,217

Rent

-$793

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,217 income − $3,010 expenses = $793 out of pocket

Income$2,217Out of Pocket$793Mortgage P&I$1,59972%Property Taxes$69431%Insurance$1406%Management$22210%CapEx$1115%Vacancy$1336%Maintenance$1115%

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,217

Total Expenses

$3,010

Mortgage P&I

72%

$1,599

Property Taxes

31%

$694

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$222

CapEx

5%

$111

Vacancy

6%

$133

Maintenance

5%

$111

Other

0%

$0

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