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408 S Home Ave, Park Ridge, IL 60068

2 beds • 2 baths • 1250 sqft

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This property looks like a bad Long-Term investment with a projected -20.3% first-year return on $108k initial cash invested.

-20.3%

Cash On Cash

2.05%

Cap Rate

0.34

DSCR

$2,430

Rent

-$1,834

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,430 income − $4,264 expenses = $1,834 out of pocket

Income$2,430Out of Pocket$1,834Mortgage P&I$2,594107%Property Taxes$85635%Insurance$1817%Management$24310%CapEx$1225%Vacancy$1466%Maintenance$1225%

Investment Breakdown

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Purchase Price

$516k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$108k

Downpayment

20%

$103k

Closing costs

1%

$5,163

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,430

Total Expenses

$4,264

Mortgage P&I

107%

$2,594

Property Taxes

35%

$856

Home Insurance

7%

$181

HOA

0%

$0

Property Management

10%

$243

CapEx

5%

$122

Vacancy

6%

$146

Maintenance

5%

$122

Other

0%

$0

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Comparable Property

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5

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2

1

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$2,850

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4

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0.6 mi

Projection Charts

Investment Value YoY

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