REI Lense

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$2,337 (target)

527 Grand Ave, Loves Park, IL 61111

3 beds • 3 baths • 1848 sqft

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This property could be a profitable Long-Term investment with a projected 10.93% first-year return on $41,181 initial cash invested.

10.93%

Cash On Cash

9.44%

Cap Rate

1.47

DSCR

$2,337

Rent

$375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,337 income − $1,962 expenses = $375 cash flow

Income$2,337Mortgage P&I$1,05045%Property Taxes$23410%Insurance$703%Management$23410%CapEx$1175%Vacancy$1406%Maintenance$1175%Cash Flow$375

Investment Breakdown

|

Purchase Price

$196k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,181

Downpayment

20%

$39,220

Closing costs

1%

$1,961

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,337

Total Expenses

$1,962

Mortgage P&I

45%

$1,050

Property Taxes

10%

$234

Home Insurance

3%

$70

HOA

0%

$0

Property Management

10%

$234

CapEx

5%

$117

Vacancy

6%

$140

Maintenance

5%

$117

Other

0%

$0

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