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$4,640 (target)

7041 Springside Ave, Downers Grove, IL 60516

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Mid-Term investment with a projected -1.94% first-year return on $117k initial cash invested.

-1.94%

Cash On Cash

6.35%

Cap Rate

1

DSCR

$4,640

Rent

-$189

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,640 income − $4,829 expenses = $189 out of pocket

Income$4,640Out of Pocket$189Mortgage P&I$2,49054%Property Taxes$59713%Insurance$1644%Management$55712%CapEx$1864%Vacancy$1393%Maintenance$1864%Other$51011%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$117k

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,640

Total Expenses

$4,829

Mortgage P&I

54%

$2,490

Property Taxes

13%

$597

Home Insurance

4%

$164

HOA

0%

$0

Property Management

12%

$557

CapEx

4%

$186

Vacancy

3%

$139

Maintenance

4%

$186

Other

11%

$510

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