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$3,606 (target)

8 Rich Ct, Park Forest, IL 60466

3 beds • 2 baths • 1512 sqft

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This property could be a profitable Mid-Term investment with a projected 24.66% first-year return on $38,979 initial cash invested.

24.66%

Cash On Cash

17.44%

Cap Rate

2.86

DSCR

$3,606

Rent

$801

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,606 income − $2,805 expenses = $801 cash flow

Income$3,606Mortgage P&I$50714%Property Taxes$1,03729%Insurance$351%Management$43312%CapEx$1444%Vacancy$1083%Maintenance$1444%Other$39711%Cash Flow$801

Investment Breakdown

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Purchase Price

$99,900

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,979

Downpayment

20%

$19,980

Closing costs

1%

$999

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$3,606

Total Expenses

$2,805

Mortgage P&I

14%

$507

Property Taxes

29%

$1,037

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$433

CapEx

4%

$144

Vacancy

3%

$108

Maintenance

4%

$144

Other

11%

$397

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