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$5,550 (target)

16 Woodside Ave, Kankakee, IL 60901

3 beds • 2 baths • 2671 sqft

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This property might be a fair Mid-Term investment with a projected 8.36% first-year return on $98,703 initial cash invested.

8.36%

Cash On Cash

9.62%

Cap Rate

1.42

DSCR

$5,550

Rent

$688

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,550 income − $4,862 expenses = $688 cash flow

Income$5,550Mortgage P&I$2,17039%Property Taxes$67012%Insurance$1362%Management$66612%CapEx$2224%Vacancy$1663%Maintenance$2224%Other$61011%Cash Flow$688

Investment Breakdown

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Purchase Price

$384k

Downpayment

20.0%

Interest Rate

7.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,703

Downpayment

20%

$76,860

Closing costs

1%

$3,843

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,550

Total Expenses

$4,862

Mortgage P&I

39%

$2,170

Property Taxes

12%

$670

Home Insurance

2%

$136

HOA

0%

$0

Property Management

12%

$666

CapEx

4%

$222

Vacancy

3%

$166

Maintenance

4%

$222

Other

11%

$610

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