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$4,185 (target)

1320 Burns Dr, Elgin, IL 60120

3 beds • 3 baths • 1738 sqft

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This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $100k initial cash invested.

1.01%

Cash On Cash

6.96%

Cap Rate

1.12

DSCR

$4,185

Rent

$84

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,185 income − $4,101 expenses = $84 cash flow

Income$4,185Mortgage P&I$2,02248%Property Taxes$51712%Insurance$1403%Management$50212%CapEx$1674%Vacancy$1263%Maintenance$1674%Other$46011%Cash Flow$84

Investment Breakdown

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Purchase Price

$392k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$100k

Downpayment

20%

$78,360

Closing costs

1%

$3,918

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,185

Total Expenses

$4,101

Mortgage P&I

48%

$2,022

Property Taxes

12%

$517

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$502

CapEx

4%

$167

Vacancy

3%

$126

Maintenance

4%

$167

Other

11%

$460

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