REI Lense

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$4,142 (target)

22854 W Charlotte Rd, Plainfield, IL 60586

3 beds • 2 baths • 1360 sqft

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This property might be a fair Mid-Term investment with a projected 2.52% first-year return on $94,713 initial cash invested.

2.52%

Cash On Cash

7.35%

Cap Rate

1.19

DSCR

$4,142

Rent

$199

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,142 income − $3,943 expenses = $199 cash flow

Income$4,142Mortgage P&I$1,87345%Property Taxes$53113%Insurance$1303%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$199

Investment Breakdown

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Purchase Price

$365k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$94,713

Downpayment

20%

$73,060

Closing costs

1%

$3,653

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,142

Total Expenses

$3,943

Mortgage P&I

45%

$1,873

Property Taxes

13%

$531

Home Insurance

3%

$130

HOA

0%

$0

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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