REI Lense

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$3,313 (target)

31 French Ct, Mundelein, IL 60060

3 beds • 3 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -8.24% first-year return on $92,736 initial cash invested.

-8.24%

Cash On Cash

4.71%

Cap Rate

0.79

DSCR

$3,313

Rent

-$637

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,313 income − $3,950 expenses = $637 out of pocket

Income$3,313Out of Pocket$637Mortgage P&I$2,20467%Property Taxes$72822%Insurance$1565%Management$33110%CapEx$1665%Vacancy$1996%Maintenance$1665%

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$92,736

Downpayment

20%

$88,320

Closing costs

1%

$4,416

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,313

Total Expenses

$3,950

Mortgage P&I

67%

$2,204

Property Taxes

22%

$728

Home Insurance

5%

$156

HOA

0%

$0

Property Management

10%

$331

CapEx

5%

$166

Vacancy

6%

$199

Maintenance

5%

$166

Other

0%

$0

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