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1225 Clara Ave, Joliet, IL 60435

3 beds • 2 baths • 1016 sqft

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This property looks like a bad Long-Term investment with a projected -6.93% first-year return on $52,479 initial cash invested.

-6.93%

Cash On Cash

5.38%

Cap Rate

0.85

DSCR

$2,050

Rent

-$303

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,050

Total Expenses

$2,353

Mortgage P&I

64%

$1,321

Property Taxes

20%

$412

Home Insurance

4%

$88

HOA

0%

$0

Property Management

10%

$205

CapEx

5%

$102

Vacancy

6%

$123

Maintenance

5%

$102

Other

0%

$0

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Comparable Property

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$1,100

2

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$2,850

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