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$3,644 (target)

16 W Rocket Cir, Park Forest, IL 60466

3 beds • 2 baths • 1422 sqft

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This property could be a profitable Mid-Term investment with a projected 12.58% first-year return on $54,666 initial cash invested.

12.58%

Cash On Cash

11.29%

Cap Rate

1.78

DSCR

$3,644

Rent

$573

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,644 income − $3,071 expenses = $573 cash flow

Income$3,644Mortgage P&I$92325%Property Taxes$86024%Insurance$491%Management$43712%CapEx$1464%Vacancy$1093%Maintenance$1464%Other$40111%Cash Flow$573

Investment Breakdown

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Purchase Price

$175k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,666

Downpayment

20%

$34,920

Closing costs

1%

$1,746

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$3,644

Total Expenses

$3,071

Mortgage P&I

25%

$923

Property Taxes

24%

$860

Home Insurance

1%

$49

HOA

0%

$0

Property Management

12%

$437

CapEx

4%

$146

Vacancy

3%

$109

Maintenance

4%

$146

Other

11%

$401

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