REI Lense

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$4,148 (target)

16428 Wabash Ave, South Holland, IL 60473

3 beds • 2 baths • 1147 sqft

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This property could be a profitable Mid-Term investment with a projected 17.66% first-year return on $58,761 initial cash invested.

17.66%

Cash On Cash

12.74%

Cap Rate

2

DSCR

$4,148

Rent

$865

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,148 income − $3,283 expenses = $865 cash flow

Income$4,148Mortgage P&I$1,03025%Property Taxes$77519%Insurance$682%Management$49812%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$865

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,761

Downpayment

20%

$38,820

Closing costs

1%

$1,941

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$4,148

Total Expenses

$3,283

Mortgage P&I

25%

$1,030

Property Taxes

19%

$775

Home Insurance

2%

$68

HOA

0%

$0

Property Management

12%

$498

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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