REI Lense

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$4,257 (target)

1076 Ronald Dr, Joliet, IL 60435

3 beds • 4 baths • 1932 sqft

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This property might be a fair Mid-Term investment with a projected 5.69% first-year return on $86,754 initial cash invested.

5.69%

Cash On Cash

8.13%

Cap Rate

1.35

DSCR

$4,257

Rent

$411

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,257 income − $3,846 expenses = $411 cash flow

Income$4,257Mortgage P&I$1,63838%Property Taxes$63515%Insurance$1263%Management$51112%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$411

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$86,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,257

Total Expenses

$3,846

Mortgage P&I

38%

$1,638

Property Taxes

15%

$635

Home Insurance

3%

$126

HOA

0%

$0

Property Management

12%

$511

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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