REI Lense

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$3,366 (target)

9019 Pine Ave, Wonder Lake, IL 60097

3 beds • 2 baths • 1531 sqft

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This property might be a fair Mid-Term investment with a projected 1.39% first-year return on $83,478 initial cash invested.

1.39%

Cash On Cash

6.88%

Cap Rate

1.15

DSCR

$3,366

Rent

$97

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,366 income − $3,269 expenses = $97 cash flow

Income$3,366Mortgage P&I$1,55646%Property Taxes$44513%Insurance$1123%HOA$11Management$40412%CapEx$1354%Vacancy$1013%Maintenance$1354%Other$37011%Cash Flow$97

Investment Breakdown

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Purchase Price

$312k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$83,478

Downpayment

20%

$62,360

Closing costs

1%

$3,118

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,366

Total Expenses

$3,269

Mortgage P&I

46%

$1,556

Property Taxes

13%

$445

Home Insurance

3%

$112

HOA

0%

$11

Property Management

12%

$404

CapEx

4%

$135

Vacancy

3%

$101

Maintenance

4%

$135

Other

11%

$370

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