REI Lense

REI Lense

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$4,809 (target)

16404 W Shawnee Dr, Lockport, IL 60441

3 beds • 3 baths • 2957 sqft

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This property might be a fair Mid-Term investment with a projected 5.92% first-year return on $108k initial cash invested.

5.92%

Cash On Cash

7.86%

Cap Rate

1.35

DSCR

$4,809

Rent

$535

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$431k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$86,100

Closing costs

1%

$4,305

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,809

Total Expenses

$4,274

Mortgage P&I

44%

$2,092

Property Taxes

8%

$381

Home Insurance

3%

$154

HOA

0%

$13

Property Management

12%

$577

CapEx

4%

$192

Vacancy

3%

$144

Maintenance

4%

$192

Other

11%

$529

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