REI Lense

REI Lense

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$2,838 (target)

1076 Ronald Dr, Joliet, IL 60435

3 beds • 4 baths • 1932 sqft

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This property looks like a bad Long-Term investment with a projected -5.22% first-year return on $68,754 initial cash invested.

-5.22%

Cash On Cash

5.43%

Cap Rate

0.9

DSCR

$2,838

Rent

-$299

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,838 income − $3,137 expenses = $299 out of pocket

Income$2,838Out of Pocket$299Mortgage P&I$1,63858%Property Taxes$63522%Insurance$1264%Management$28410%CapEx$1425%Vacancy$1706%Maintenance$1425%

Investment Breakdown

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Purchase Price

$327k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,754

Downpayment

20%

$65,480

Closing costs

1%

$3,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,838

Total Expenses

$3,137

Mortgage P&I

58%

$1,638

Property Taxes

22%

$635

Home Insurance

4%

$126

HOA

0%

$0

Property Management

10%

$284

CapEx

5%

$142

Vacancy

6%

$170

Maintenance

5%

$142

Other

0%

$0

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