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$3,363 (target)

356 Wilshire St, Park Forest, IL 60466

3 beds • 2 baths • 1248 sqft

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This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $74,679 initial cash invested.

2.51%

Cash On Cash

7.38%

Cap Rate

1.21

DSCR

$3,363

Rent

$156

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,363 income − $3,207 expenses = $156 cash flow

Income$3,363Mortgage P&I$1,37041%Property Taxes$59818%Insurance$943%Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$156

Investment Breakdown

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Purchase Price

$270k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$74,679

Downpayment

20%

$53,980

Closing costs

1%

$2,699

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,363

Total Expenses

$3,207

Mortgage P&I

41%

$1,370

Property Taxes

18%

$598

Home Insurance

3%

$94

HOA

0%

$0

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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