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$3,866 (target)

2504 Commonwealth Ave, Joliet, IL 60435

3 beds • 2 baths • 1954 sqft

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This property might be a fair Mid-Term investment with a projected 6.32% first-year return on $91,479 initial cash invested.

6.32%

Cash On Cash

8.17%

Cap Rate

1.36

DSCR

$3,866

Rent

$482

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,866 income − $3,384 expenses = $482 cash flow

Income$3,866Mortgage P&I$1,74645%Property Taxes$2015%Insurance$1223%Management$46412%CapEx$1554%Vacancy$1163%Maintenance$1554%Other$42511%Cash Flow$482

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,866

Total Expenses

$3,384

Mortgage P&I

45%

$1,746

Property Taxes

5%

$201

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$464

CapEx

4%

$155

Vacancy

3%

$116

Maintenance

4%

$155

Other

11%

$425

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