REI Lense

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$1,053 (target)

753 N Prairie St, Galesburg, IL 61401

3 beds • 2 baths • 1326 sqft

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This property looks like a bad Long-Term investment with a projected -14.79% first-year return on $36,036 initial cash invested.

-14.79%

Cash On Cash

3.69%

Cap Rate

0.57

DSCR

$1,053

Rent

-$444

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,053 income − $1,497 expenses = $444 out of pocket

Income$1,053Out of Pocket$444Mortgage P&I$91887%Property Taxes$24223%Insurance$636%Management$10510%CapEx$535%Vacancy$636%Maintenance$535%

Investment Breakdown

|

Purchase Price

$172k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$36,036

Downpayment

20%

$34,320

Closing costs

1%

$1,716

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,053

Total Expenses

$1,497

Mortgage P&I

87%

$918

Property Taxes

23%

$242

Home Insurance

6%

$63

HOA

0%

$0

Property Management

10%

$105

CapEx

5%

$53

Vacancy

6%

$63

Maintenance

5%

$53

Other

0%

$0

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