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$3,867 (target)

1550 Meghan Ave, Algonquin, IL 60102

3 beds • 2 baths • 1194 sqft

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This property might be a fair Mid-Term investment with a projected 7.06% first-year return on $79,908 initial cash invested.

7.06%

Cash On Cash

8.6%

Cap Rate

1.42

DSCR

$3,867

Rent

$470

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,867 income − $3,397 expenses = $470 cash flow

Income$3,867Mortgage P&I$1,48738%Property Taxes$49013%Insurance$1053%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%Cash Flow$470

Investment Breakdown

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Purchase Price

$295k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$79,908

Downpayment

20%

$58,960

Closing costs

1%

$2,948

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,867

Total Expenses

$3,397

Mortgage P&I

38%

$1,487

Property Taxes

13%

$490

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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