REI Lense

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$3,174 (target)

1400 Maple Rd, Joliet, IL 60432

3 beds • 2 baths • 2304 sqft

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This property might be a fair Mid-Term investment with a projected 5.54% first-year return on $67,791 initial cash invested.

5.54%

Cash On Cash

8.83%

Cap Rate

1.34

DSCR

$3,174

Rent

$313

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,174 income − $2,861 expenses = $313 cash flow

Income$3,174Mortgage P&I$1,30441%Property Taxes$41813%Insurance$602%Management$38112%CapEx$1274%Vacancy$953%Maintenance$1274%Other$34911%Cash Flow$313

Investment Breakdown

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Purchase Price

$237k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$67,791

Downpayment

20%

$47,420

Closing costs

1%

$2,371

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,174

Total Expenses

$2,861

Mortgage P&I

41%

$1,304

Property Taxes

13%

$418

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$381

CapEx

4%

$127

Vacancy

3%

$95

Maintenance

4%

$127

Other

11%

$349

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