REI Lense

REI Lense

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$2,765 (target)

16428 Wabash Ave, South Holland, IL 60473

3 beds • 2 baths • 1147 sqft

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This property might be a fair Long-Term investment with a projected 5.12% first-year return on $40,761 initial cash invested.

5.12%

Cash On Cash

8.3%

Cap Rate

1.3

DSCR

$2,765

Rent

$174

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,765 income − $2,591 expenses = $174 cash flow

Income$2,765Mortgage P&I$1,03037%Property Taxes$77528%Insurance$682%Management$27610%CapEx$1385%Vacancy$1666%Maintenance$1385%Cash Flow$174

Investment Breakdown

|

Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,761

Downpayment

20%

$38,820

Closing costs

1%

$1,941

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,765

Total Expenses

$2,591

Mortgage P&I

37%

$1,030

Property Taxes

28%

$775

Home Insurance

2%

$68

HOA

0%

$0

Property Management

10%

$276

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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