REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,429 (target)

14238 S Manistee Ave, Burnham, IL 60633

3 beds • 2 baths • 1173 sqft

Email

This property might be a fair Long-Term investment with a projected 1.86% first-year return on $39,900 initial cash invested.

1.86%

Cash On Cash

7.5%

Cap Rate

1.18

DSCR

$2,429

Rent

$62

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,429 income − $2,367 expenses = $62 cash flow

Income$2,429Mortgage P&I$1,00441%Property Taxes$66627%Insurance$663%Management$24310%CapEx$1215%Vacancy$1466%Maintenance$1215%Cash Flow$62

Investment Breakdown

|

Purchase Price

$190k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$39,900

Downpayment

20%

$38,000

Closing costs

1%

$1,900

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,429

Total Expenses

$2,367

Mortgage P&I

41%

$1,004

Property Taxes

27%

$666

Home Insurance

3%

$66

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$121

Vacancy

6%

$146

Maintenance

5%

$121

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis