REI Lense

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$7,190 (target)

814 Norfolk Ave, Westchester, IL 60154

3 beds • 2 baths • 1600 sqft

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This property could be a profitable Mid-Term investment with a projected 42.48% first-year return on $82,323 initial cash invested.

42.48%

Cash On Cash

18.51%

Cap Rate

3.1

DSCR

$7,190

Rent

$2,914

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,190 income − $4,276 expenses = $2,914 cash flow

Income$7,190Mortgage P&I$1,52321%Property Taxes$1993%Insurance$1082%Management$86312%CapEx$2884%Vacancy$2163%Maintenance$2884%Other$79111%Cash Flow$2,914

Investment Breakdown

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Purchase Price

$306k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$82,323

Downpayment

20%

$61,260

Closing costs

1%

$3,063

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$7,190

Total Expenses

$4,276

Mortgage P&I

21%

$1,523

Property Taxes

3%

$199

Home Insurance

2%

$108

HOA

0%

$0

Property Management

12%

$863

CapEx

4%

$288

Vacancy

3%

$216

Maintenance

4%

$288

Other

11%

$791

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