REI Lense

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$4,054 (target)

3141 N Richmond St, Chicago, IL 60618

3 beds • 2 baths • 1221 sqft

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This property looks like a bad Mid-Term investment with a projected -8.52% first-year return on $133k initial cash invested.

-8.52%

Cash On Cash

4.33%

Cap Rate

0.72

DSCR

$4,054

Rent

-$945

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,054 income − $4,999 expenses = $945 out of pocket

Income$4,054Out of Pocket$945Mortgage P&I$2,76368%Property Taxes$71818%Insurance$1403%Management$48612%CapEx$1624%Vacancy$1223%Maintenance$1624%Other$44611%

Investment Breakdown

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Purchase Price

$548k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$133k

Downpayment

20%

$110k

Closing costs

1%

$5,484

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,054

Total Expenses

$4,999

Mortgage P&I

68%

$2,763

Property Taxes

18%

$718

Home Insurance

3%

$140

HOA

0%

$0

Property Management

12%

$486

CapEx

4%

$162

Vacancy

3%

$122

Maintenance

4%

$162

Other

11%

$446

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