REI Lense

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$4,142 (target)

244 N Park Dr, Glenwood, IL 60425

3 beds • 2 baths • 1269 sqft

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This property could be a profitable Mid-Term investment with a projected 13.54% first-year return on $70,836 initial cash invested.

13.54%

Cash On Cash

10.57%

Cap Rate

1.77

DSCR

$4,142

Rent

$799

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,142 income − $3,343 expenses = $799 cash flow

Income$4,142Mortgage P&I$1,25130%Property Taxes$59414%Insurance$892%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$799

Investment Breakdown

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Purchase Price

$252k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,836

Downpayment

20%

$50,320

Closing costs

1%

$2,516

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,142

Total Expenses

$3,343

Mortgage P&I

30%

$1,251

Property Taxes

14%

$594

Home Insurance

2%

$89

HOA

0%

$0

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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