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$2,523 (target)

3858 E Lakeview Dr, Kankakee, IL 60901

3 beds • 2 baths • 1098 sqft

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This property might be a fair Mid-Term investment with a projected 8.89% first-year return on $57,753 initial cash invested.

8.89%

Cash On Cash

9.95%

Cap Rate

1.51

DSCR

$2,523

Rent

$428

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,523 income − $2,095 expenses = $428 cash flow

Income$2,523Mortgage P&I$1,04141%Property Taxes$1295%Insurance$663%Management$30312%CapEx$1014%Vacancy$763%Maintenance$1014%Other$27811%Cash Flow$428

Investment Breakdown

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Purchase Price

$189k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$57,753

Downpayment

20%

$37,860

Closing costs

1%

$1,893

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,523

Total Expenses

$2,095

Mortgage P&I

41%

$1,041

Property Taxes

5%

$129

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$303

CapEx

4%

$101

Vacancy

3%

$76

Maintenance

4%

$101

Other

11%

$278

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