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18415 Morris Ave, Homewood, IL 60430

3 beds • 2 baths • 1320 sqft

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This property might be a fair Mid-Term investment with a projected 2.18% first-year return on $85,137 initial cash invested.

2.18%

Cash On Cash

6.99%

Cap Rate

1.2

DSCR

$3,804

Rent

$155

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$320k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$85,137

Downpayment

20%

$63,940

Closing costs

1%

$3,197

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,804

Total Expenses

$3,649

Mortgage P&I

41%

$1,554

Property Taxes

18%

$691

Home Insurance

3%

$112

HOA

0%

$0

Property Management

12%

$456

CapEx

4%

$152

Vacancy

3%

$114

Maintenance

4%

$152

Other

11%

$418

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