REI Lense

REI Lense

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$1,590 (target)

809 E Republic St, Peoria, IL 61603

3 beds • 2 baths • 2064 sqft

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This property could be a profitable Mid-Term investment with a projected 25.1% first-year return on $29,445 initial cash invested.

25.1%

Cash On Cash

21.42%

Cap Rate

3.32

DSCR

$1,590

Rent

$616

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$54,500

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$29,445

Downpayment

20%

$10,900

Closing costs

1%

$545

Rehab

0%

$0

Furnishing

33%

$18,000

Cashflow

Total Income

$1,590

Total Expenses

$974

Mortgage P&I

18%

$293

Property Taxes

5%

$87

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$191

CapEx

4%

$64

Vacancy

3%

$48

Maintenance

4%

$64

Other

11%

$175

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