REI Lense

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$4,204 (target)

1428 E Lyn Ct, Homewood, IL 60430

3 beds • 2 baths • 1480 sqft

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This property might be a fair Mid-Term investment with a projected 6.68% first-year return on $75,498 initial cash invested.

6.68%

Cash On Cash

8.59%

Cap Rate

1.43

DSCR

$4,204

Rent

$420

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,204 income − $3,784 expenses = $420 cash flow

Income$4,204Mortgage P&I$1,37333%Property Taxes$88721%Insurance$962%Management$50412%CapEx$1684%Vacancy$1263%Maintenance$1684%Other$46211%Cash Flow$420

Investment Breakdown

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Purchase Price

$274k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$75,498

Downpayment

20%

$54,760

Closing costs

1%

$2,738

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,204

Total Expenses

$3,784

Mortgage P&I

33%

$1,373

Property Taxes

21%

$887

Home Insurance

2%

$96

HOA

0%

$0

Property Management

12%

$504

CapEx

4%

$168

Vacancy

3%

$126

Maintenance

4%

$168

Other

11%

$462

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