REI Lense

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$4,428 (target)

326 Milan Ct, Schaumburg, IL 60193

3 beds • 2 baths • 0 sqft

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This property looks like a bad Mid-Term investment with a projected -7.61% first-year return on $141k initial cash invested.

-7.61%

Cash On Cash

4.39%

Cap Rate

0.75

DSCR

$4,428

Rent

-$893

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,428 income − $5,321 expenses = $893 out of pocket

Income$4,428Out of Pocket$893Mortgage P&I$2,85664%Property Taxes$75217%Insurance$2085%Management$53112%CapEx$1774%Vacancy$1333%Maintenance$1774%Other$48711%

Investment Breakdown

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Purchase Price

$585k

Downpayment

20.0%

Interest Rate

6.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$141k

Downpayment

20%

$117k

Closing costs

1%

$5,845

Rehab

0%

$0

Furnishing

3%

$18,000

Cashflow

Total Income

$4,428

Total Expenses

$5,321

Mortgage P&I

65%

$2,856

Property Taxes

17%

$752

Home Insurance

5%

$208

HOA

0%

$0

Property Management

12%

$531

CapEx

4%

$177

Vacancy

3%

$133

Maintenance

4%

$177

Other

11%

$487

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