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$3,902 (target)

1770 Michigan City Rd, Calumet City, IL 60409

3 beds • 2 baths • 2075 sqft

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This property might be a fair Mid-Term investment with a projected 7.73% first-year return on $72,369 initial cash invested.

7.73%

Cash On Cash

9.08%

Cap Rate

1.47

DSCR

$3,902

Rent

$466

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,902 income − $3,436 expenses = $466 cash flow

Income$3,902Mortgage P&I$1,33734%Property Taxes$68217%Insurance$912%Management$46812%CapEx$1564%Vacancy$1173%Maintenance$1564%Other$42911%Cash Flow$466

Investment Breakdown

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Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,369

Downpayment

20%

$51,780

Closing costs

1%

$2,589

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,902

Total Expenses

$3,436

Mortgage P&I

34%

$1,337

Property Taxes

17%

$682

Home Insurance

2%

$91

HOA

0%

$0

Property Management

12%

$468

CapEx

4%

$156

Vacancy

3%

$117

Maintenance

4%

$156

Other

11%

$429

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