REI Lense

REI Lense

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$2,063 (target)

1322 Greenbay Ave, Calumet City, IL 60409

3 beds • 2 baths • 1147 sqft

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This property looks like a bad Long-Term investment with a projected -1.18% first-year return on $32,529 initial cash invested.

-1.18%

Cash On Cash

7.11%

Cap Rate

1.08

DSCR

$2,063

Rent

-$32

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,063 income − $2,095 expenses = $32 out of pocket

Income$2,063Out of Pocket$32Mortgage P&I$84741%Property Taxes$65832%Insurance$543%Management$20610%CapEx$1035%Vacancy$1246%Maintenance$1035%

Investment Breakdown

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Purchase Price

$155k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$32,529

Downpayment

20%

$30,980

Closing costs

1%

$1,549

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,063

Total Expenses

$2,095

Mortgage P&I

41%

$847

Property Taxes

32%

$658

Home Insurance

3%

$54

HOA

0%

$0

Property Management

10%

$206

CapEx

5%

$103

Vacancy

6%

$124

Maintenance

5%

$103

Other

0%

$0

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