REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,588 (target)

918 S 18th St, Quincy, IL 62301

3 beds • 2 baths • 2452 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.3% first-year return on $55,968 initial cash invested.

8.3%

Cash On Cash

9.81%

Cap Rate

1.5

DSCR

$2,588

Rent

$387

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,588 income − $2,201 expenses = $387 cash flow

Income$2,588Mortgage P&I$98738%Property Taxes$26710%Insurance$653%Management$31112%CapEx$1044%Vacancy$783%Maintenance$1044%Other$28511%Cash Flow$387

Investment Breakdown

|

Purchase Price

$181k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,968

Downpayment

20%

$36,160

Closing costs

1%

$1,808

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,588

Total Expenses

$2,201

Mortgage P&I

38%

$987

Property Taxes

10%

$267

Home Insurance

3%

$65

HOA

0%

$0

Property Management

12%

$311

CapEx

4%

$104

Vacancy

3%

$78

Maintenance

4%

$104

Other

11%

$285

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis