REI Lense

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$4,554 (target)

2516 Oasis Dr, Plainfield, IL 60586

3 beds • 4 baths • 1864 sqft

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This property might be a fair Mid-Term investment with a projected 3.08% first-year return on $102k initial cash invested.

3.08%

Cash On Cash

7.34%

Cap Rate

1.22

DSCR

$4,554

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,554 income − $4,293 expenses = $261 cash flow

Income$4,554Mortgage P&I$1,99344%Property Taxes$58713%Insurance$1403%HOA$251%Management$54612%CapEx$1824%Vacancy$1373%Maintenance$1824%Other$50111%Cash Flow$261

Investment Breakdown

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Purchase Price

$398k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$79,680

Closing costs

1%

$3,984

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,554

Total Expenses

$4,293

Mortgage P&I

44%

$1,993

Property Taxes

13%

$587

Home Insurance

3%

$140

HOA

1%

$25

Property Management

12%

$546

CapEx

4%

$182

Vacancy

3%

$137

Maintenance

4%

$182

Other

11%

$501

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