REI Lense

REI Lense

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$3,267 (target)

1213 Prairie Creek Trl, Joliet, IL 60431

3 beds • 3 baths • 2176 sqft

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This property looks like a bad Long-Term investment with a projected -7.59% first-year return on $87,591 initial cash invested.

-7.59%

Cash On Cash

4.75%

Cap Rate

0.81

DSCR

$3,267

Rent

-$554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$417k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$87,591

Downpayment

20%

$83,420

Closing costs

1%

$4,171

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,267

Total Expenses

$3,821

Mortgage P&I

63%

$2,043

Property Taxes

24%

$782

Home Insurance

5%

$147

HOA

0%

$0

Property Management

10%

$327

CapEx

5%

$163

Vacancy

6%

$196

Maintenance

5%

$163

Other

0%

$0

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