REI Lense

REI Lense

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$2,860 (target)

16450 67th Ct, Tinley Park, IL 60477

3 beds • 2 baths • 1160 sqft

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This property looks like a bad Long-Term investment with a projected -10.29% first-year return on $78,267 initial cash invested.

-10.29%

Cash On Cash

4.42%

Cap Rate

0.72

DSCR

$2,860

Rent

-$671

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,860 income − $3,531 expenses = $671 out of pocket

Income$2,860Out of Pocket$671Mortgage P&I$1,90267%Property Taxes$75226%Insurance$1335%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%

Investment Breakdown

|

Purchase Price

$373k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,267

Downpayment

20%

$74,540

Closing costs

1%

$3,727

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,860

Total Expenses

$3,531

Mortgage P&I

67%

$1,902

Property Taxes

26%

$752

Home Insurance

5%

$133

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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