REI Lense

REI Lense

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$3,559 (target)

7910 Babb Ave, Skokie, IL 60077

3 beds • 3 baths • 1370 sqft

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This property looks like a bad Long-Term investment with a projected -8.92% first-year return on $98,322 initial cash invested.

-8.92%

Cash On Cash

4.6%

Cap Rate

0.76

DSCR

$3,559

Rent

-$731

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,559 income − $4,290 expenses = $731 out of pocket

Income$3,559Out of Pocket$731Mortgage P&I$2,34866%Property Taxes$85224%Insurance$1645%Management$35610%CapEx$1785%Vacancy$2146%Maintenance$1785%

Investment Breakdown

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Purchase Price

$468k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$98,322

Downpayment

20%

$93,640

Closing costs

1%

$4,682

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$3,559

Total Expenses

$4,290

Mortgage P&I

66%

$2,348

Property Taxes

24%

$852

Home Insurance

5%

$164

HOA

0%

$0

Property Management

10%

$356

CapEx

5%

$178

Vacancy

6%

$214

Maintenance

5%

$178

Other

0%

$0

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