REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$2,002 (target)

8852 S Michigan Ave, Chicago, IL 60619

3 beds • 2 baths • 4890 sqft

Email

This property could be a profitable Long-Term investment with a projected 24.43% first-year return on $28,539 initial cash invested.

24.43%

Cash On Cash

12.11%

Cap Rate

1.99

DSCR

$2,002

Rent

$581

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,002 income − $1,421 expenses = $581 cash flow

Income$2,002Mortgage P&I$69034%Property Taxes$1769%Insurance$352%Management$20010%CapEx$1005%Vacancy$1206%Maintenance$1005%Cash Flow$581

Investment Breakdown

|

Purchase Price

$136k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$28,539

Downpayment

20%

$27,180

Closing costs

1%

$1,359

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$2,002

Total Expenses

$1,421

Mortgage P&I

34%

$690

Property Taxes

9%

$176

Home Insurance

2%

$35

HOA

0%

$0

Property Management

10%

$200

CapEx

5%

$100

Vacancy

6%

$120

Maintenance

5%

$100

Other

0%

$0

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis