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$3,093 (target)

7041 Springside Ave, Downers Grove, IL 60516

3 beds • 2 baths • 1300 sqft

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This property looks like a bad Long-Term investment with a projected -11.71% first-year return on $98,679 initial cash invested.

-11.71%

Cash On Cash

4.3%

Cap Rate

0.68

DSCR

$3,093

Rent

-$963

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,093 income − $4,056 expenses = $963 out of pocket

Income$3,093Out of Pocket$963Mortgage P&I$2,49081%Property Taxes$59719%Insurance$1645%Management$30910%CapEx$1555%Vacancy$1866%Maintenance$1555%

Investment Breakdown

|

Purchase Price

$470k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,679

Downpayment

20%

$93,980

Closing costs

1%

$4,699

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,093

Total Expenses

$4,056

Mortgage P&I

81%

$2,490

Property Taxes

19%

$597

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$309

CapEx

5%

$155

Vacancy

6%

$186

Maintenance

5%

$155

Other

0%

$0

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