REI Lense

REI Lense

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$4,281 (target)

909 Timber Springs Dr, Joliet, IL 60432

3 beds • 3 baths • 1800 sqft

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This property might be a fair Mid-Term investment with a projected 4.11% first-year return on $91,164 initial cash invested.

4.11%

Cash On Cash

7.79%

Cap Rate

1.27

DSCR

$4,281

Rent

$312

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,281 income − $3,969 expenses = $312 cash flow

Income$4,281Mortgage P&I$1,77842%Property Taxes$59914%Insurance$1223%HOA$15Management$51412%CapEx$1714%Vacancy$1283%Maintenance$1714%Other$47111%Cash Flow$312

Investment Breakdown

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Purchase Price

$348k

Downpayment

20.0%

Interest Rate

6.6%

Mortgage Duration

30yr.

Cash To Invest

Total

$91,164

Downpayment

20%

$69,680

Closing costs

1%

$3,484

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,281

Total Expenses

$3,969

Mortgage P&I

42%

$1,778

Property Taxes

14%

$599

Home Insurance

3%

$122

HOA

0%

$15

Property Management

12%

$514

CapEx

4%

$171

Vacancy

3%

$128

Maintenance

4%

$171

Other

11%

$471

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