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609 Forest Edge Ln, Des Plaines, IL 60016

3 beds • 3 baths • 2500 sqft

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This property looks like a bad Long-Term investment with a projected -16.82% first-year return on $163k initial cash invested.

-16.82%

Cash On Cash

2.59%

Cap Rate

0.45

DSCR

$4,086

Rent

-$2,281

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$775k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$163k

Downpayment

20%

$155k

Closing costs

1%

$7,750

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$4,086

Total Expenses

$6,367

Mortgage P&I

92%

$3,749

Property Taxes

31%

$1,285

Home Insurance

7%

$271

HOA

0%

$0

Property Management

10%

$409

CapEx

5%

$204

Vacancy

6%

$245

Maintenance

5%

$204

Other

0%

$0

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