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$3,552 (target)

715 Thoreau Dr, Elgin, IL 60120

3 beds • 2 baths • 1243 sqft

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This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $72,033 initial cash invested.

6.1%

Cash On Cash

8.6%

Cap Rate

1.38

DSCR

$3,552

Rent

$366

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,552 income − $3,186 expenses = $366 cash flow

Income$3,552Mortgage P&I$1,33538%Property Taxes$55216%Insurance$913%Management$42612%CapEx$1424%Vacancy$1073%Maintenance$1424%Other$39111%Cash Flow$366

Investment Breakdown

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Purchase Price

$257k

Downpayment

20.0%

Interest Rate

6.8%

Mortgage Duration

30yr.

Cash To Invest

Total

$72,033

Downpayment

20%

$51,460

Closing costs

1%

$2,573

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,552

Total Expenses

$3,186

Mortgage P&I

38%

$1,335

Property Taxes

16%

$552

Home Insurance

3%

$91

HOA

0%

$0

Property Management

12%

$426

CapEx

4%

$142

Vacancy

3%

$107

Maintenance

4%

$142

Other

11%

$391

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