REI Lense

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$2,368 (target)

17718 Ridgewood Dr, Hazel Crest, IL 60429

3 beds • 2 baths • 1087 sqft

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This property looks like a bad Long-Term investment with a projected -10.5% first-year return on $47,754 initial cash invested.

-10.5%

Cash On Cash

4.94%

Cap Rate

0.76

DSCR

$2,368

Rent

-$418

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,368 income − $2,786 expenses = $418 out of pocket

Income$2,368Out of Pocket$418Mortgage P&I$1,23752%Property Taxes$85436%Insurance$803%Management$23710%CapEx$1185%Vacancy$1426%Maintenance$1185%

Investment Breakdown

|

Purchase Price

$227k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,754

Downpayment

20%

$45,480

Closing costs

1%

$2,274

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,368

Total Expenses

$2,786

Mortgage P&I

52%

$1,237

Property Taxes

36%

$854

Home Insurance

3%

$80

HOA

0%

$0

Property Management

10%

$237

CapEx

5%

$118

Vacancy

6%

$142

Maintenance

5%

$118

Other

0%

$0

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