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$5,295 (target)

117 S Erie St, Wheaton, IL 60187

3 beds • 2 baths • 1226 sqft

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This property might be a fair Mid-Term investment with a projected 4.96% first-year return on $116k initial cash invested.

4.96%

Cash On Cash

7.75%

Cap Rate

1.3

DSCR

$5,295

Rent

$477

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,295 income − $4,818 expenses = $477 cash flow

Income$5,295Mortgage P&I$2,31144%Property Taxes$54910%Insurance$1583%Management$63512%CapEx$2124%Vacancy$1593%Maintenance$2124%Other$58211%Cash Flow$477

Investment Breakdown

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Purchase Price

$464k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$116k

Downpayment

20%

$92,860

Closing costs

1%

$4,643

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$5,295

Total Expenses

$4,818

Mortgage P&I

44%

$2,311

Property Taxes

10%

$549

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$635

CapEx

4%

$212

Vacancy

3%

$159

Maintenance

4%

$212

Other

11%

$582

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