REI Lense

REI Lense

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$2,770 (target)

611 N Elmhurst Ave, Mount Prospect, IL 60056

3 beds • 2 baths • 0 sqft

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This property looks like a bad Long-Term investment with a projected -12.9% first-year return on $102k initial cash invested.

-12.9%

Cash On Cash

3.63%

Cap Rate

0.61

DSCR

$2,770

Rent

-$1,095

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,770 income − $3,865 expenses = $1,095 out of pocket

Income$2,770Out of Pocket$1,095Mortgage P&I$2,42588%Property Taxes$54920%Insurance$1726%Management$27710%CapEx$1385%Vacancy$1666%Maintenance$1385%

Investment Breakdown

|

Purchase Price

$485k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$102k

Downpayment

20%

$97,020

Closing costs

1%

$4,851

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,770

Total Expenses

$3,865

Mortgage P&I

88%

$2,425

Property Taxes

20%

$549

Home Insurance

6%

$172

HOA

0%

$0

Property Management

10%

$277

CapEx

5%

$138

Vacancy

6%

$166

Maintenance

5%

$138

Other

0%

$0

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