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$2,792 (target)

1104 Basin Dr, Lockport, IL 60441

3 beds • 2 baths • 1603 sqft

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This property looks like a bad Long-Term investment with a projected -8.34% first-year return on $78,267 initial cash invested.

-8.34%

Cash On Cash

4.73%

Cap Rate

0.78

DSCR

$2,792

Rent

-$544

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,792 income − $3,336 expenses = $544 out of pocket

Income$2,792Out of Pocket$544Mortgage P&I$1,87367%Property Taxes$60322%Insurance$1335%Management$27910%CapEx$1405%Vacancy$1686%Maintenance$1405%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,267

Downpayment

20%

$74,540

Closing costs

1%

$3,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,792

Total Expenses

$3,336

Mortgage P&I

67%

$1,873

Property Taxes

22%

$603

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$279

CapEx

5%

$140

Vacancy

6%

$168

Maintenance

5%

$140

Other

0%

$0

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