REI Lense

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$3,374 (target)

175 Westwood Dr, Park Forest, IL 60466

3 beds • 2 baths • 1088 sqft

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This property might be a fair Mid-Term investment with a projected 7.74% first-year return on $53,826 initial cash invested.

7.74%

Cash On Cash

9.76%

Cap Rate

1.53

DSCR

$3,374

Rent

$347

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,374 income − $3,027 expenses = $347 cash flow

Income$3,374Mortgage P&I$90527%Property Taxes$91527%Insurance$602%Management$40512%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37111%Cash Flow$347

Investment Breakdown

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Purchase Price

$171k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$53,826

Downpayment

20%

$34,120

Closing costs

1%

$1,706

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$3,374

Total Expenses

$3,027

Mortgage P&I

27%

$905

Property Taxes

27%

$915

Home Insurance

2%

$60

HOA

0%

$0

Property Management

12%

$405

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$371

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