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1611 N Fernandez Ave, Arlington Heights, IL 60004
3 beds • 2 baths • 1703 sqft
$484,700
View on ZillowThis property might be a fair Mid-Term investment with a projected 3.87% first-year return on $120k initial cash invested.
3.87%
Cash On Cash
7.52%
Cap Rate
1.25
DSCR
$5,412
Rent
$386
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$5,412 income − $5,026 expenses = $386 cash flow
Investment Breakdown
|
Purchase Price
$485k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$120k
Downpayment
20%
$96,940
Closing costs
1%
$4,847
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,412
Total Expenses
$5,026
Mortgage P&I
45%
$2,436
Property Taxes
11%
$579
Home Insurance
3%
$173
HOA
0%
$0
Property Management
12%
$649
CapEx
4%
$216
Vacancy
3%
$162
Maintenance
4%
$216
Other
11%
$595