REI Lense

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$3,292 (target)

20607 S Acorn Ridge Dr, Frankfort, IL 60423

3 beds • 2 baths • 1720 sqft

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This property might be a fair Long-Term investment with a projected 1.13% first-year return on $70,854 initial cash invested.

1.13%

Cash On Cash

6.76%

Cap Rate

1.14

DSCR

$3,292

Rent

$67

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,292 income − $3,225 expenses = $67 cash flow

Income$3,292Mortgage P&I$1,66951%Property Taxes$57918%Insurance$1204%Management$32910%CapEx$1655%Vacancy$1986%Maintenance$1655%Cash Flow$67

Investment Breakdown

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Purchase Price

$337k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,854

Downpayment

20%

$67,480

Closing costs

1%

$3,374

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,292

Total Expenses

$3,225

Mortgage P&I

51%

$1,669

Property Taxes

18%

$579

Home Insurance

4%

$120

HOA

0%

$0

Property Management

10%

$329

CapEx

5%

$165

Vacancy

6%

$198

Maintenance

5%

$165

Other

0%

$0

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