REI Lense

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$2,164 (target)

750 N Main St, East Peoria, IL 61611

3 beds • 2 baths • 1330 sqft

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This property might be a fair Mid-Term investment with a projected 7.69% first-year return on $50,382 initial cash invested.

7.69%

Cash On Cash

9.28%

Cap Rate

1.52

DSCR

$2,164

Rent

$323

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,164 income − $1,841 expenses = $323 cash flow

Income$2,164Mortgage P&I$78336%Property Taxes$27913%Insurance$422%Management$26012%CapEx$874%Vacancy$653%Maintenance$874%Other$23811%Cash Flow$323

Investment Breakdown

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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

$2,164

Total Expenses

$1,841

Mortgage P&I

36%

$783

Property Taxes

13%

$279

Home Insurance

2%

$42

HOA

0%

$0

Property Management

12%

$260

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$238

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