REI Lense

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$5,122 (target)

16548 Dorchester Pl, Lockport, IL 60441

3 beds • 4 baths • 2800 sqft

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This property looks like a bad Mid-Term investment with a projected -3.73% first-year return on $128k initial cash invested.

-3.73%

Cash On Cash

5.59%

Cap Rate

0.93

DSCR

$5,122

Rent

-$399

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,122 income − $5,521 expenses = $399 out of pocket

Income$5,122Out of Pocket$399Mortgage P&I$2,64052%Property Taxes$97519%Insurance$1643%Management$61512%CapEx$2054%Vacancy$1543%Maintenance$2054%Other$56311%

Investment Breakdown

|

Purchase Price

$525k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$128k

Downpayment

20%

$105k

Closing costs

1%

$5,253

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,122

Total Expenses

$5,521

Mortgage P&I

52%

$2,640

Property Taxes

19%

$975

Home Insurance

3%

$164

HOA

0%

$0

Property Management

12%

$615

CapEx

4%

$205

Vacancy

3%

$154

Maintenance

4%

$205

Other

11%

$563

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