REI Lense

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$2,522 (target)

2045 Downey Rd, Homewood, IL 60430

3 beds • 2 baths • 1798 sqft

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This property looks like a bad Long-Term investment with a projected -5.54% first-year return on $48,111 initial cash invested.

-5.54%

Cash On Cash

5.87%

Cap Rate

0.92

DSCR

$2,522

Rent

-$222

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,522 income − $2,744 expenses = $222 out of pocket

Income$2,522Out of Pocket$222Mortgage P&I$1,21648%Property Taxes$79331%Insurance$803%Management$25210%CapEx$1265%Vacancy$1516%Maintenance$1265%

Investment Breakdown

|

Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$48,111

Downpayment

20%

$45,820

Closing costs

1%

$2,291

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,522

Total Expenses

$2,744

Mortgage P&I

48%

$1,216

Property Taxes

31%

$793

Home Insurance

3%

$80

HOA

0%

$0

Property Management

10%

$252

CapEx

5%

$126

Vacancy

6%

$151

Maintenance

5%

$126

Other

0%

$0

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