REI Lense

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$3,123 (target)

9119 Memory Trl, Wonder Lake, IL 60097

3 beds • 2 baths • 779 sqft

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This property might be a fair Mid-Term investment with a projected 8.04% first-year return on $65,187 initial cash invested.

8.04%

Cash On Cash

9.55%

Cap Rate

1.46

DSCR

$3,123

Rent

$437

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,123 income − $2,686 expenses = $437 cash flow

Income$3,123Mortgage P&I$1,22639%Property Taxes$30710%Insurance$803%HOA$10Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34411%Cash Flow$437

Investment Breakdown

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Purchase Price

$225k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,187

Downpayment

20%

$44,940

Closing costs

1%

$2,247

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,123

Total Expenses

$2,686

Mortgage P&I

39%

$1,226

Property Taxes

10%

$307

Home Insurance

3%

$80

HOA

0%

$10

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$344

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