REI Lense

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$5,464 (target)

7622 W Lakeside Dr, Frankfort, IL 60423

3 beds • 3 baths • 2623 sqft

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This property might be a fair Mid-Term investment with a projected 9.19% first-year return on $97,380 initial cash invested.

9.19%

Cash On Cash

9.27%

Cap Rate

1.49

DSCR

$5,464

Rent

$746

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,464 income − $4,718 expenses = $746 cash flow

Income$5,464Mortgage P&I$1,95436%Property Taxes$77014%Insurance$1352%Management$65612%CapEx$2194%Vacancy$1643%Maintenance$2194%Other$60111%Cash Flow$746

Investment Breakdown

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Purchase Price

$378k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,380

Downpayment

20%

$75,600

Closing costs

1%

$3,780

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$5,464

Total Expenses

$4,718

Mortgage P&I

36%

$1,954

Property Taxes

14%

$770

Home Insurance

2%

$135

HOA

0%

$0

Property Management

12%

$656

CapEx

4%

$219

Vacancy

3%

$164

Maintenance

4%

$219

Other

11%

$601

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