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$3,610 (target)

106 Thornton St, Lockport, IL 60441

3 beds • 2 baths • 960 sqft

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This property might be a fair Mid-Term investment with a projected 7.82% first-year return on $71,655 initial cash invested.

7.82%

Cash On Cash

9.24%

Cap Rate

1.45

DSCR

$3,610

Rent

$467

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,610 income − $3,143 expenses = $467 cash flow

Income$3,610Mortgage P&I$1,35738%Property Taxes$46913%Insurance$913%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$467

Investment Breakdown

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Purchase Price

$256k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,655

Downpayment

20%

$51,100

Closing costs

1%

$2,555

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,610

Total Expenses

$3,143

Mortgage P&I

38%

$1,357

Property Taxes

13%

$469

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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