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2434 Erskine Rd, Joliet, IL 60433

3 beds • 2 baths • 1800 sqft

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This property looks like a bad Long-Term investment with a projected -16.2% first-year return on $82,740 initial cash invested.

-16.2%

Cash On Cash

2.81%

Cap Rate

0.48

DSCR

$2,178

Rent

-$1,117

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$394k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,740

Downpayment

20%

$78,800

Closing costs

1%

$3,940

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,178

Total Expenses

$3,295

Mortgage P&I

89%

$1,932

Property Taxes

30%

$656

Home Insurance

6%

$140

HOA

0%

$0

Property Management

10%

$218

CapEx

5%

$109

Vacancy

6%

$131

Maintenance

5%

$109

Other

0%

$0

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