REI Lense

REI Lense

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$5,151 (target)

28722 N Madison Ave, Wauconda, IL 60084

3 beds • 3 baths • 2300 sqft

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This property might be a fair Mid-Term investment with a projected 5.53% first-year return on $127k initial cash invested.

5.53%

Cash On Cash

7.64%

Cap Rate

1.31

DSCR

$5,151

Rent

$586

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$520k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$127k

Downpayment

20%

$104k

Closing costs

1%

$5,199

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$5,151

Total Expenses

$4,565

Mortgage P&I

49%

$2,516

Property Taxes

2%

$115

Home Insurance

4%

$182

HOA

0%

$0

Property Management

12%

$618

CapEx

4%

$206

Vacancy

3%

$155

Maintenance

4%

$206

Other

11%

$567

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