REI Lense

REI Lense

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$2,132 (target)

1313 N 22nd Ave, Melrose Park, IL 60160

3 beds • 2 baths • 2436 sqft

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This property looks like a bad Long-Term investment with a projected -9.43% first-year return on $67,200 initial cash invested.

-9.43%

Cash On Cash

4.25%

Cap Rate

0.73

DSCR

$2,132

Rent

-$528

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,132 income − $2,660 expenses = $528 out of pocket

Income$2,132Out of Pocket$528Mortgage P&I$1,55473%Property Taxes$43720%Insurance$1145%Management$21310%CapEx$1075%Vacancy$1286%Maintenance$1075%

Investment Breakdown

|

Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,200

Downpayment

20%

$64,000

Closing costs

1%

$3,200

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,132

Total Expenses

$2,660

Mortgage P&I

73%

$1,554

Property Taxes

21%

$437

Home Insurance

5%

$114

HOA

0%

$0

Property Management

10%

$213

CapEx

5%

$107

Vacancy

6%

$128

Maintenance

5%

$107

Other

0%

$0

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