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1622 S Surrey Ridge Dr, Arlington Heights, IL 60005
3 beds • 2 baths • 1483 sqft
$525,500
View on ZillowThis property looks like a bad Long-Term investment with a projected -16.56% first-year return on $110k initial cash invested.
-16.56%
Cash On Cash
3.23%
Cap Rate
0.51
DSCR
$3,040
Rent
-$1,523
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,040 income − $4,563 expenses = $1,523 out of pocket
Investment Breakdown
|
Purchase Price
$526k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$105k
Closing costs
1%
$5,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,040
Total Expenses
$4,563
Mortgage P&I
92%
$2,786
Property Taxes
26%
$798
Home Insurance
6%
$189
HOA
0%
$0
Property Management
10%
$304
CapEx
5%
$152
Vacancy
6%
$182
Maintenance
5%
$152
Other
0%
$0