REI Lense

REI Lense

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$2,402 (target)

24 166th Pl, Calumet City, IL 60409

3 beds • 2 baths • 1134 sqft

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This property could be a profitable Long-Term investment with a projected 12.92% first-year return on $30,933 initial cash invested.

12.92%

Cash On Cash

10.15%

Cap Rate

1.57

DSCR

$2,402

Rent

$333

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,402 income − $2,069 expenses = $333 cash flow

Income$2,402Mortgage P&I$79333%Property Taxes$60025%Insurance$522%Management$24010%CapEx$1205%Vacancy$1446%Maintenance$1205%Cash Flow$333

Investment Breakdown

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Purchase Price

$147k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$30,933

Downpayment

20%

$29,460

Closing costs

1%

$1,473

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,402

Total Expenses

$2,069

Mortgage P&I

33%

$793

Property Taxes

25%

$600

Home Insurance

2%

$52

HOA

0%

$0

Property Management

10%

$240

CapEx

5%

$120

Vacancy

6%

$144

Maintenance

5%

$120

Other

0%

$0

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