REI Lense

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$2,265 (target)

750 Johnston St, Galesburg, IL 61401

3 beds • 2 baths • 1910 sqft

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This property might be a fair Mid-Term investment with a projected 5.74% first-year return on $52,503 initial cash invested.

5.74%

Cash On Cash

9.09%

Cap Rate

1.38

DSCR

$2,265

Rent

$251

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,265 income − $2,014 expenses = $251 cash flow

Income$2,265Mortgage P&I$90240%Property Taxes$28112%Insurance$603%Management$27212%CapEx$914%Vacancy$683%Maintenance$914%Other$24911%Cash Flow$251

Investment Breakdown

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Purchase Price

$164k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,503

Downpayment

20%

$32,860

Closing costs

1%

$1,643

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,265

Total Expenses

$2,014

Mortgage P&I

40%

$902

Property Taxes

12%

$281

Home Insurance

3%

$60

HOA

0%

$0

Property Management

12%

$272

CapEx

4%

$91

Vacancy

3%

$68

Maintenance

4%

$91

Other

11%

$249

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