REI Lense

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$4,407 (target)

1408 Fairlane Dr, Schaumburg, IL 60193

3 beds • 2 baths • 1392 sqft

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This property might be a fair Mid-Term investment with a projected 4.57% first-year return on $95,070 initial cash invested.

4.57%

Cash On Cash

7.79%

Cap Rate

1.29

DSCR

$4,407

Rent

$362

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,407 income − $4,045 expenses = $362 cash flow

Income$4,407Mortgage P&I$1,84542%Property Taxes$57113%Insurance$1313%Management$52912%CapEx$1764%Vacancy$1323%Maintenance$1764%Other$48511%Cash Flow$362

Investment Breakdown

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Purchase Price

$367k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$95,070

Downpayment

20%

$73,400

Closing costs

1%

$3,670

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,407

Total Expenses

$4,045

Mortgage P&I

42%

$1,845

Property Taxes

13%

$571

Home Insurance

3%

$131

HOA

0%

$0

Property Management

12%

$529

CapEx

4%

$176

Vacancy

3%

$132

Maintenance

4%

$176

Other

11%

$485

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