REI Lense

REI Lense

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Target property

750 N Main St, East Peoria, IL 61611

3 beds • 2 baths • 1330 sqft

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This property looks like a bad Airbnb investment with a projected -26.3% first-year return on $50,382 initial cash invested.

-26.3%

Cash On Cash

-2.5%

Cap Rate

-0.41

DSCR

$0

Rent

-$1,104

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$0 income − $1,104 expenses = $1,104 out of pocket

Income$0Out of Pocket$1,104Mortgage P&I$783Property Taxes$279Insurance$42

Investment Breakdown

|

Purchase Price

$154k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,382

Downpayment

20%

$30,840

Closing costs

1%

$1,542

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$0

Total Expenses

$1,104

Mortgage P&I

7830000%

$783

Property Taxes

2790000%

$279

Home Insurance

420000%

$42

HOA

0%

$0

Property Management

0%

$0

CapEx

0%

$0

Vacancy

0%

$0

Maintenance

0%

$0

Other

0%

$0

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