REI Lense

REI Lense

Unlock all features! Tap here to upgrade

img

128 Independence Ave, Joliet, IL 60433

3 beds • 2 baths • 624 sqft

Email

This property looks like a bad Mid-Term investment with a projected -2.39% first-year return on $70,206 initial cash invested.

-2.39%

Cash On Cash

6.1%

Cap Rate

0.96

DSCR

$2,340

Rent

-$140

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,206

Downpayment

20%

$49,720

Closing costs

1%

$2,486

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,340

Total Expenses

$2,480

Mortgage P&I

56%

$1,310

Property Taxes

12%

$286

Home Insurance

4%

$88

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$257

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis