REI Lense

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$3,051 (target)

1408 S Fern Dr, Mount Prospect, IL 60056

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -9.16% first-year return on $93,555 initial cash invested.

-9.16%

Cash On Cash

4.54%

Cap Rate

0.75

DSCR

$3,051

Rent

-$714

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,051 income − $3,765 expenses = $714 out of pocket

Income$3,051Out of Pocket$714Mortgage P&I$2,24774%Property Taxes$56619%Insurance$1585%Management$30510%CapEx$1535%Vacancy$1836%Maintenance$1535%

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$93,555

Downpayment

20%

$89,100

Closing costs

1%

$4,455

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,051

Total Expenses

$3,765

Mortgage P&I

74%

$2,247

Property Taxes

19%

$566

Home Insurance

5%

$158

HOA

0%

$0

Property Management

10%

$305

CapEx

5%

$153

Vacancy

6%

$183

Maintenance

5%

$153

Other

0%

$0

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