REI Lense

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$4,155 (target)

2141 Magenta Ln, Algonquin, IL 60102

3 beds • 2 baths • 1506 sqft

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This property looks like a bad Mid-Term investment with a projected -4.66% first-year return on $105k initial cash invested.

-4.66%

Cash On Cash

5.47%

Cap Rate

0.89

DSCR

$4,155

Rent

-$408

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,155 income − $4,563 expenses = $408 out of pocket

Income$4,155Out of Pocket$408Mortgage P&I$2,13051%Property Taxes$65816%Insurance$1474%HOA$2155%Management$49912%CapEx$1664%Vacancy$1253%Maintenance$1664%Other$45711%

Investment Breakdown

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Purchase Price

$415k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$105k

Downpayment

20%

$82,900

Closing costs

1%

$4,145

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,155

Total Expenses

$4,563

Mortgage P&I

51%

$2,130

Property Taxes

16%

$658

Home Insurance

4%

$147

HOA

5%

$215

Property Management

12%

$499

CapEx

4%

$166

Vacancy

3%

$125

Maintenance

4%

$166

Other

11%

$457

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