REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,366 (target)

1408 E Washington St, Joliet, IL 60433

3 beds • 2 baths • 2140 sqft

Email

This property might be a fair Mid-Term investment with a projected 7.37% first-year return on $63,675 initial cash invested.

7.37%

Cash On Cash

9.44%

Cap Rate

1.44

DSCR

$3,366

Rent

$391

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,366 income − $2,975 expenses = $391 cash flow

Income$3,366Mortgage P&I$1,18535%Property Taxes$56717%Insurance$782%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$391

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

$3,366

Total Expenses

$2,975

Mortgage P&I

35%

$1,185

Property Taxes

17%

$567

Home Insurance

2%

$78

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis