REI Lense

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$4,970 (target)

31 French Ct, Mundelein, IL 60060

3 beds • 3 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $111k initial cash invested.

2.08%

Cash On Cash

7.05%

Cap Rate

1.18

DSCR

$4,970

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,970 income − $4,778 expenses = $192 cash flow

Income$4,970Mortgage P&I$2,20444%Property Taxes$72815%Insurance$1563%Management$59612%CapEx$1994%Vacancy$1493%Maintenance$1994%Other$54711%Cash Flow$192

Investment Breakdown

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Purchase Price

$442k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$111k

Downpayment

20%

$88,320

Closing costs

1%

$4,416

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,970

Total Expenses

$4,778

Mortgage P&I

44%

$2,204

Property Taxes

15%

$728

Home Insurance

3%

$156

HOA

0%

$0

Property Management

12%

$596

CapEx

4%

$199

Vacancy

3%

$149

Maintenance

4%

$199

Other

11%

$547

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