REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,848 (target)

389 N Commonwealth Ave, Elgin, IL 60123

3 beds • 2 baths • 1428 sqft

Email

This property looks like a bad Mid-Term investment with a projected -0.3% first-year return on $88,602 initial cash invested.

-0.3%

Cash On Cash

7.13%

Cap Rate

1.07

DSCR

$3,848

Rent

-$22

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,848 income − $3,870 expenses = $22 out of pocket

Income$3,848Out of Pocket$22Mortgage P&I$1,86548%Property Taxes$57815%Insurance$1193%Management$46212%CapEx$1544%Vacancy$1153%Maintenance$1544%Other$42311%

Investment Breakdown

|

Purchase Price

$336k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,602

Downpayment

20%

$67,240

Closing costs

1%

$3,362

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,848

Total Expenses

$3,870

Mortgage P&I

48%

$1,865

Property Taxes

15%

$578

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$462

CapEx

4%

$154

Vacancy

3%

$115

Maintenance

4%

$154

Other

11%

$423

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis