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$2,883 (target)

719 Clement St, Joliet, IL 60435

3 beds • 2 baths • 884 sqft

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This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $63,759 initial cash invested.

4.78%

Cash On Cash

8.65%

Cap Rate

1.31

DSCR

$2,883

Rent

$254

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,883 income − $2,629 expenses = $254 cash flow

Income$2,883Mortgage P&I$1,20142%Property Taxes$37213%Insurance$773%Management$34612%CapEx$1154%Vacancy$863%Maintenance$1154%Other$31711%Cash Flow$254

Investment Breakdown

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Purchase Price

$218k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$63,759

Downpayment

20%

$43,580

Closing costs

1%

$2,179

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,883

Total Expenses

$2,629

Mortgage P&I

42%

$1,201

Property Taxes

13%

$372

Home Insurance

3%

$77

HOA

0%

$0

Property Management

12%

$346

CapEx

4%

$115

Vacancy

3%

$86

Maintenance

4%

$115

Other

11%

$317

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