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1308 Cassie Dr, Joliet, IL 60435

3 beds • 3 baths • 2329 sqft

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This property looks like a bad Mid-Term investment with a projected -3.65% first-year return on $93,999 initial cash invested.

-3.65%

Cash On Cash

5.42%

Cap Rate

0.92

DSCR

$3,459

Rent

-$286

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$362k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,999

Downpayment

20%

$72,380

Closing costs

1%

$3,619

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,459

Total Expenses

$3,745

Mortgage P&I

52%

$1,782

Property Taxes

19%

$660

Home Insurance

4%

$128

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$380

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