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2042 W Spring Ridge Dr, Arlington Heights, IL 60004
3 beds • 2 baths • 1660 sqft
$440,300
View on ZillowThis property might be a fair Mid-Term investment with a projected 0.85% first-year return on $110k initial cash invested.
0.85%
Cash On Cash
6.75%
Cap Rate
1.12
DSCR
$4,892
Rent
$78
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,892 income − $4,814 expenses = $78 cash flow
Investment Breakdown
|
Purchase Price
$440k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$110k
Downpayment
20%
$88,060
Closing costs
1%
$4,403
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$4,892
Total Expenses
$4,814
Mortgage P&I
45%
$2,202
Property Taxes
16%
$790
Home Insurance
3%
$158
HOA
0%
$0
Property Management
12%
$587
CapEx
4%
$196
Vacancy
3%
$147
Maintenance
4%
$196
Other
11%
$538