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128 Independence Ave, Joliet, IL 60433

3 beds • 2 baths • 624 sqft

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This property looks like a bad Long-Term investment with a projected -12.18% first-year return on $52,206 initial cash invested.

-12.18%

Cash On Cash

4.14%

Cap Rate

0.65

DSCR

$1,560

Rent

-$530

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$249k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,206

Downpayment

20%

$49,720

Closing costs

1%

$2,486

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,560

Total Expenses

$2,090

Mortgage P&I

84%

$1,310

Property Taxes

18%

$286

Home Insurance

6%

$88

HOA

0%

$0

Property Management

10%

$156

CapEx

5%

$78

Vacancy

6%

$94

Maintenance

5%

$78

Other

0%

$0

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