REI Lense

REI Lense

Unlock all features! Tap here to upgrade

1408 E Washington St, Joliet, IL 60433

3 beds • 2 baths • 2140 sqft

Email

This property looks like a bad Airbnb investment with a projected -16.98% first-year return on $63,675 initial cash invested.

-16.98%

Cash On Cash

1.96%

Cap Rate

0.3

DSCR

$1,785

Rent

-$901

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,785 income − $2,686 expenses = $901 out of pocket

Income$1,785Out of Pocket$901Mortgage P&I$1,18566%Property Taxes$56732%Insurance$784%Management$26815%CapEx$714%Maintenance$714%Other$44625%

Investment Breakdown

|

Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,675

Downpayment

20%

$43,500

Closing costs

1%

$2,175

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$1,785

Total Expenses

$2,686

Mortgage P&I

66%

$1,185

Property Taxes

32%

$567

Home Insurance

4%

$78

HOA

0%

$0

Property Management

15%

$268

CapEx

4%

$71

Vacancy

0%

$0

Maintenance

4%

$71

Other

25%

$446

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis