REI Lense

REI Lense

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$2,445 (target)

15 Oak Ln, Park Forest, IL 60466

3 beds • 2 baths • 1500 sqft

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This property might be a fair Long-Term investment with a projected 9.35% first-year return on $35,280 initial cash invested.

9.35%

Cash On Cash

9.21%

Cap Rate

1.44

DSCR

$2,445

Rent

$275

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,445 income − $2,170 expenses = $275 cash flow

Income$2,445Mortgage P&I$89337%Property Taxes$59124%Insurance$512%Management$24410%CapEx$1225%Vacancy$1476%Maintenance$1225%Cash Flow$275

Investment Breakdown

|

Purchase Price

$168k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,280

Downpayment

20%

$33,600

Closing costs

1%

$1,680

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,445

Total Expenses

$2,170

Mortgage P&I

37%

$893

Property Taxes

24%

$591

Home Insurance

2%

$51

HOA

0%

$0

Property Management

10%

$244

CapEx

5%

$122

Vacancy

6%

$147

Maintenance

5%

$122

Other

0%

$0

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