REI Lense

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$3,303 (target)

1743 Spartan Dr, Chatham, IL 62629

3 beds • 2 baths • 1653 sqft

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This property looks like a bad Mid-Term investment with a projected -8.37% first-year return on $101k initial cash invested.

-8.37%

Cash On Cash

4.25%

Cap Rate

0.71

DSCR

$3,303

Rent

-$707

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,303 income − $4,010 expenses = $707 out of pocket

Income$3,303Out of Pocket$707Mortgage P&I$1,98060%Property Taxes$76723%Insurance$1244%HOA$171%Management$39612%CapEx$1324%Vacancy$993%Maintenance$1324%Other$36311%

Investment Breakdown

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Purchase Price

$397k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$101k

Downpayment

20%

$79,360

Closing costs

1%

$3,968

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,303

Total Expenses

$4,010

Mortgage P&I

60%

$1,980

Property Taxes

23%

$767

Home Insurance

4%

$124

HOA

1%

$17

Property Management

12%

$396

CapEx

4%

$132

Vacancy

3%

$99

Maintenance

4%

$132

Other

11%

$363

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