REI Lense

REI Lense

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$1,812 (target)

647 Forsythe Ave, Calumet City, IL 60409

3 beds • 2 baths • 1500 sqft

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This property looks like a bad Long-Term investment with a projected -6.12% first-year return on $35,700 initial cash invested.

-6.12%

Cash On Cash

6%

Cap Rate

0.9

DSCR

$1,812

Rent

-$182

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,812 income − $1,994 expenses = $182 out of pocket

Income$1,812Out of Pocket$182Mortgage P&I$94152%Property Taxes$52129%Insurance$603%Management$18110%CapEx$915%Vacancy$1096%Maintenance$915%

Investment Breakdown

|

Purchase Price

$170k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$35,700

Downpayment

20%

$34,000

Closing costs

1%

$1,700

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,812

Total Expenses

$1,994

Mortgage P&I

52%

$941

Property Taxes

29%

$521

Home Insurance

3%

$60

HOA

0%

$0

Property Management

10%

$181

CapEx

5%

$91

Vacancy

6%

$109

Maintenance

5%

$91

Other

0%

$0

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