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$3,783 (target)

2045 Downey Rd, Homewood, IL 60430

3 beds • 2 baths • 1798 sqft

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This property might be a fair Mid-Term investment with a projected 7.42% first-year return on $66,111 initial cash invested.

7.42%

Cash On Cash

9.3%

Cap Rate

1.46

DSCR

$3,783

Rent

$409

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,783 income − $3,374 expenses = $409 cash flow

Income$3,783Mortgage P&I$1,21632%Property Taxes$79321%Insurance$802%Management$45412%CapEx$1514%Vacancy$1133%Maintenance$1514%Other$41611%Cash Flow$409

Investment Breakdown

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Purchase Price

$229k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,111

Downpayment

20%

$45,820

Closing costs

1%

$2,291

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,783

Total Expenses

$3,374

Mortgage P&I

32%

$1,216

Property Taxes

21%

$793

Home Insurance

2%

$80

HOA

0%

$0

Property Management

12%

$454

CapEx

4%

$151

Vacancy

3%

$113

Maintenance

4%

$151

Other

11%

$416

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