REI Lense

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$4,418 (target)

1331 N Indigo Dr, Mount Prospect, IL 60056

3 beds • 2 baths • 1837 sqft

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This property looks like a bad Mid-Term investment with a projected -2.93% first-year return on $114k initial cash invested.

-2.93%

Cash On Cash

5.7%

Cap Rate

0.96

DSCR

$4,418

Rent

-$277

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,418 income − $4,695 expenses = $277 out of pocket

Income$4,418Out of Pocket$277Mortgage P&I$2,26151%Property Taxes$76817%Insurance$1634%Management$53012%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48611%

Investment Breakdown

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Purchase Price

$455k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$114k

Downpayment

20%

$90,960

Closing costs

1%

$4,548

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,418

Total Expenses

$4,695

Mortgage P&I

51%

$2,261

Property Taxes

17%

$768

Home Insurance

4%

$163

HOA

0%

$0

Property Management

12%

$530

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$486

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