REI Lense

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$6,084 (target)

2110 Schmitt Cir, Algonquin, IL 60102

3 beds • 3 baths • 2511 sqft

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This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $131k initial cash invested.

1.85%

Cash On Cash

7.26%

Cap Rate

1.16

DSCR

$6,084

Rent

$202

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,084 income − $5,882 expenses = $202 cash flow

Income$6,084Mortgage P&I$2,81146%Property Taxes$75012%Insurance$1913%HOA$621%Management$73012%CapEx$2434%Vacancy$1833%Maintenance$2434%Other$66911%Cash Flow$202

Investment Breakdown

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Purchase Price

$538k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$131k

Downpayment

20%

$108k

Closing costs

1%

$5,383

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$6,084

Total Expenses

$5,882

Mortgage P&I

46%

$2,811

Property Taxes

12%

$750

Home Insurance

3%

$191

HOA

1%

$62

Property Management

12%

$730

CapEx

4%

$243

Vacancy

3%

$183

Maintenance

4%

$243

Other

11%

$669

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