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820 N Merrill St, Park Ridge, IL 60068

3 beds • 3 baths • 2200 sqft

$1,069,500

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This property looks like a bad Mid-Term investment with a projected -17.11% first-year return on $243k initial cash invested.

-17.11%

Cash On Cash

2.46%

Cap Rate

0.4

DSCR

$5,010

Rent

-$3,458

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$5,010 income − $8,468 expenses = $3,458 out of pocket

Income$5,010Out of Pocket$3,458Mortgage P&I$5,453109%Property Taxes$92819%Insurance$3858%Management$60112%CapEx$2004%Vacancy$1503%Maintenance$2004%Other$55111%

Investment Breakdown

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Purchase Price

$1070k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$243k

Downpayment

20%

$214k

Closing costs

1%

$10,695

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$5,010

Total Expenses

$8,468

Mortgage P&I

109%

$5,453

Property Taxes

19%

$928

Home Insurance

8%

$385

HOA

0%

$0

Property Management

12%

$601

CapEx

4%

$200

Vacancy

3%

$150

Maintenance

4%

$200

Other

11%

$551

Projection Charts

Investment Value YoY

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