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$3,656 (target)

3332 N Lewis Ave, Waukegan, IL 60087

3 beds • 2 baths • 1774 sqft

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This property might be a fair Mid-Term investment with a projected 4.54% first-year return on $78,690 initial cash invested.

4.54%

Cash On Cash

7.81%

Cap Rate

1.31

DSCR

$3,656

Rent

$298

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,656 income − $3,358 expenses = $298 cash flow

Income$3,656Mortgage P&I$1,43839%Property Taxes$57516%Insurance$1023%Management$43912%CapEx$1464%Vacancy$1103%Maintenance$1464%Other$40211%Cash Flow$298

Investment Breakdown

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Purchase Price

$289k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,690

Downpayment

20%

$57,800

Closing costs

1%

$2,890

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,656

Total Expenses

$3,358

Mortgage P&I

39%

$1,438

Property Taxes

16%

$575

Home Insurance

3%

$102

HOA

0%

$0

Property Management

12%

$439

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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