REI Lense

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$4,304 (target)

600 Adirondack Ct, Joliet, IL 60436

3 beds • 3 baths • 1613 sqft

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This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $99,898 initial cash invested.

0.91%

Cash On Cash

6.6%

Cap Rate

1.13

DSCR

$4,304

Rent

$76

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$390k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$99,898

Downpayment

20%

$77,998

Closing costs

1%

$3,900

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,304

Total Expenses

$4,228

Mortgage P&I

44%

$1,898

Property Taxes

16%

$705

Home Insurance

3%

$136

HOA

1%

$27

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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