REI Lense

REI Lense

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$3,048 (target)

14607 S Dixon Ln, Homer Glen, IL 60491

3 beds • 2 baths • 1660 sqft

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This property might be a fair Long-Term investment with a projected 8.59% first-year return on $52,500 initial cash invested.

8.59%

Cash On Cash

8.88%

Cap Rate

1.4

DSCR

$3,048

Rent

$376

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,048 income − $2,672 expenses = $376 cash flow

Income$3,048Mortgage P&I$1,32243%Property Taxes$47015%Insurance$883%Management$30510%CapEx$1525%Vacancy$1836%Maintenance$1525%Cash Flow$376

Investment Breakdown

|

Purchase Price

$250k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$52,500

Downpayment

20%

$50,000

Closing costs

1%

$2,500

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,048

Total Expenses

$2,672

Mortgage P&I

43%

$1,322

Property Taxes

15%

$470

Home Insurance

3%

$88

HOA

0%

$0

Property Management

10%

$305

CapEx

5%

$152

Vacancy

6%

$183

Maintenance

5%

$152

Other

0%

$0

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