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$4,378 (target)

1907 Carriage Ln, Joliet, IL 60433

3 beds • 3 baths • 1700 sqft

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This property might be a fair Mid-Term investment with a projected 8.19% first-year return on $80,895 initial cash invested.

8.19%

Cash On Cash

9.62%

Cap Rate

1.43

DSCR

$4,378

Rent

$552

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,378 income − $3,826 expenses = $552 cash flow

Income$4,378Mortgage P&I$1,67538%Property Taxes$55813%Insurance$1052%Management$52512%CapEx$1754%Vacancy$1313%Maintenance$1754%Other$48211%Cash Flow$552

Investment Breakdown

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Purchase Price

$300k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$80,895

Downpayment

20%

$59,900

Closing costs

1%

$2,995

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$4,378

Total Expenses

$3,826

Mortgage P&I

38%

$1,675

Property Taxes

13%

$558

Home Insurance

2%

$105

HOA

0%

$0

Property Management

12%

$525

CapEx

4%

$175

Vacancy

3%

$131

Maintenance

4%

$175

Other

11%

$482

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