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$3,243 (target)

14116 S Hoxie Ave, Burnham, IL 60633

3 beds • 2 baths • 1163 sqft

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This property might be a fair Mid-Term investment with a projected 6.62% first-year return on $61,617 initial cash invested.

6.62%

Cash On Cash

9.26%

Cap Rate

1.42

DSCR

$3,243

Rent

$340

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,243 income − $2,903 expenses = $340 cash flow

Income$3,243Mortgage P&I$1,13235%Property Taxes$59418%Insurance$742%Management$38912%CapEx$1304%Vacancy$973%Maintenance$1304%Other$35711%Cash Flow$340

Investment Breakdown

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Purchase Price

$208k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,617

Downpayment

20%

$41,540

Closing costs

1%

$2,077

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$3,243

Total Expenses

$2,903

Mortgage P&I

35%

$1,132

Property Taxes

18%

$594

Home Insurance

2%

$74

HOA

0%

$0

Property Management

12%

$389

CapEx

4%

$130

Vacancy

3%

$97

Maintenance

4%

$130

Other

11%

$357

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