REI Lense

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$4,250 (target)

441 Tamarack St, Park Forest, IL 60466

3 beds • 4 baths • 9000 sqft

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This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $89,778 initial cash invested.

0.91%

Cash On Cash

6.81%

Cap Rate

1.14

DSCR

$4,250

Rent

$68

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,250 income − $4,182 expenses = $68 cash flow

Income$4,250Mortgage P&I$1,70140%Property Taxes$91321%Insurance$1223%Management$51012%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$68

Investment Breakdown

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Purchase Price

$342k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,778

Downpayment

20%

$68,360

Closing costs

1%

$3,418

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,250

Total Expenses

$4,182

Mortgage P&I

40%

$1,701

Property Taxes

21%

$913

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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