REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,144 (target)

3318 Caroline Dr, Joliet, IL 60435

3 beds • 3 baths • 2384 sqft

Email

This property looks like a bad Long-Term investment with a projected -6.02% first-year return on $82,593 initial cash invested.

-6.02%

Cash On Cash

5.48%

Cap Rate

0.87

DSCR

$3,144

Rent

-$414

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,144 income − $3,558 expenses = $414 out of pocket

Income$3,144Out of Pocket$414Mortgage P&I$2,05465%Property Taxes$54717%Insurance$1404%Management$31410%CapEx$1575%Vacancy$1896%Maintenance$1575%

Investment Breakdown

|

Purchase Price

$393k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,593

Downpayment

20%

$78,660

Closing costs

1%

$3,933

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,144

Total Expenses

$3,558

Mortgage P&I

65%

$2,054

Property Taxes

17%

$547

Home Insurance

4%

$140

HOA

0%

$0

Property Management

10%

$314

CapEx

5%

$157

Vacancy

6%

$189

Maintenance

5%

$157

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis