REI Lense

REI Lense

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$2,859 (target)

615 Palmer Ave, Romeoville, IL 60446

3 beds • 2 baths • 1638 sqft

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This property might be a fair Long-Term investment with a projected 0.07% first-year return on $71,379 initial cash invested.

0.07%

Cash On Cash

7.18%

Cap Rate

1.08

DSCR

$2,859

Rent

$4

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,859 income − $2,855 expenses = $4 cash flow

Income$2,859Mortgage P&I$1,88866%Property Taxes$1044%Insurance$1194%Management$28610%CapEx$1435%Vacancy$1726%Maintenance$1435%Cash Flow$4

Investment Breakdown

|

Purchase Price

$340k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,859

Total Expenses

$2,855

Mortgage P&I

66%

$1,888

Property Taxes

4%

$104

Home Insurance

4%

$119

HOA

0%

$0

Property Management

10%

$286

CapEx

5%

$143

Vacancy

6%

$172

Maintenance

5%

$143

Other

0%

$0

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