REI Lense

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$4,251 (target)

940 Washington Blvd, Hoffman Estates, IL 60169

3 beds • 2 baths • 1332 sqft

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This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $97,590 initial cash invested.

1.38%

Cash On Cash

6.9%

Cap Rate

1.15

DSCR

$4,251

Rent

$112

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,251 income − $4,139 expenses = $112 cash flow

Income$4,251Mortgage P&I$1,89645%Property Taxes$66416%Insurance$1333%Management$51012%CapEx$1704%Vacancy$1283%Maintenance$1704%Other$46811%Cash Flow$112

Investment Breakdown

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Purchase Price

$379k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$97,590

Downpayment

20%

$75,800

Closing costs

1%

$3,790

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,251

Total Expenses

$4,139

Mortgage P&I

45%

$1,896

Property Taxes

16%

$664

Home Insurance

3%

$133

HOA

0%

$0

Property Management

12%

$510

CapEx

4%

$170

Vacancy

3%

$128

Maintenance

4%

$170

Other

11%

$468

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