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$4,288 (target)

615 Palmer Ave, Romeoville, IL 60446

3 beds • 2 baths • 1638 sqft

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This property might be a fair Mid-Term investment with a projected 9.63% first-year return on $89,379 initial cash invested.

9.63%

Cash On Cash

9.8%

Cap Rate

1.47

DSCR

$4,288

Rent

$717

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,288 income − $3,571 expenses = $717 cash flow

Income$4,288Mortgage P&I$1,88844%Property Taxes$1042%Insurance$1193%Management$51512%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47211%Cash Flow$717

Investment Breakdown

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Purchase Price

$340k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$89,379

Downpayment

20%

$67,980

Closing costs

1%

$3,399

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,288

Total Expenses

$3,571

Mortgage P&I

44%

$1,888

Property Taxes

2%

$104

Home Insurance

3%

$119

HOA

0%

$0

Property Management

12%

$515

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$472

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