REI Lense

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$2,577 (target)

2504 Commonwealth Ave, Joliet, IL 60435

3 beds • 2 baths • 1954 sqft

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This property looks like a bad Long-Term investment with a projected -2.66% first-year return on $73,479 initial cash invested.

-2.66%

Cash On Cash

5.87%

Cap Rate

0.98

DSCR

$2,577

Rent

-$163

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,577 income − $2,740 expenses = $163 out of pocket

Income$2,577Out of Pocket$163Mortgage P&I$1,74668%Property Taxes$2018%Insurance$1225%Management$25810%CapEx$1295%Vacancy$1556%Maintenance$1295%

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$73,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,577

Total Expenses

$2,740

Mortgage P&I

68%

$1,746

Property Taxes

8%

$201

Home Insurance

5%

$122

HOA

0%

$0

Property Management

10%

$258

CapEx

5%

$129

Vacancy

6%

$155

Maintenance

5%

$129

Other

0%

$0

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