REI Lense

REI Lense

300 N State St APT 3903, Chicago, IL 60654

0 beds • 1 baths • 500 sqft

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This property looks like a bad Long-Term investment with a projected -16.47% first-year return on $42,105 initial cash invested.

-16.47%

Cash On Cash

3.85%

Cap Rate

0.57

DSCR

$1,950

Rent

-$578

Cashflow

Cash Flow

$1,950 income − $2,528 expenses = $578 out of pocket

Income$1,950Out ofPocket$578P&I$1,12358%Taxes$30115%Insurance$704%HOA$52627%Mgmt$19510%CapEx$985%Vacancy$1176%Maint.$985%

Investment Breakdown

|

Purchase Price

$201k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,105

Downpayment

20%

$40,100

Closing costs

1%

$2,005

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,950

Total Expenses

$2,528

Mortgage P&I

58%

$1,123

Property Taxes

15%

$301

Home Insurance

4%

$70

HOA

27%

$526

Property Management

10%

$195

CapEx

5%

$98

Vacancy

6%

$117

Maintenance

5%

$98

Other

0%

$0

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Comparable Property

Rent

Beds

Baths

SQFT

Distance

300 N State St, Apt 5201, Chicago, IL 60654

$2,000

0

1

500

0 mi

300 N State St, Apt 3603, Chicago, IL 60654

$2,100

0

1

500

0 mi

300 N State St, Apt 4603, Chicago, IL 60654

$1,950

0

1

500

0 mi

Projection Charts

Investment Value YoY

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