REI Lense

REI Lense

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$3,654 (target)

529 Shorewood Dr, Shorewood, IL 60404

3 beds • 2 baths • 1600 sqft

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This property might be a fair Mid-Term investment with a projected 6.01% first-year return on $91,479 initial cash invested.

6.01%

Cash On Cash

7.91%

Cap Rate

1.35

DSCR

$3,654

Rent

$458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$350k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,479

Downpayment

20%

$69,980

Closing costs

1%

$3,499

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$3,654

Total Expenses

$3,196

Mortgage P&I

47%

$1,703

Property Taxes

4%

$129

Home Insurance

3%

$122

HOA

0%

$0

Property Management

12%

$438

CapEx

4%

$146

Vacancy

3%

$110

Maintenance

4%

$146

Other

11%

$402

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