$800,000
Investment Summary
- Monthly Cash Flow
- -$2,584
- Cap Rate
- 1.8%
- Cash-on-Cash Return
- -16.9%
- Debt Coverage Ratio
- 0.32
- Internal Rate of Return (5 years)
- -12.3%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Property Description
Proudly presented in the Timber Creek Subdivision and built by Richmond American Homes, this exquisite brick residence blends timeless craftsmanship with modern luxury. Featuring 4 spacious bedrooms, 2.5 baths, a first-floor office, and just over 3,000 square feet of elevated living space on a premium 10,000+ sq. ft. lot, every detail has been meticulously curated for comfort, elegance, and functionality. Built in 2005 and thoughtfully updated with over $200,000 in recent improvements, the home welcomes you and from the moment you enter, you're greeted by a sweeping two-story foyer, turned staircase, gleaming oak hardwood flooring that flows seamlessly throughout both the first and second levels and the gracious living room. The formal dining room is framed by elegant columns and a tiered ceiling-perfect for wonderful gatherings and memorable celebrations. The heart of the home is the gourmet kitchen-a chef's dream-featuring granite countertops, refinished custom cabinetry, a large island with seating, eat-in table space, and sliders that open to the brick paver patio and expansive backyard oasis. Ideal for summer barbecues, al fresco dining, or serene mornings with coffee and listening to the birds chirping. Step into the light-filled family room, anchored by the stately fireplace with a beautifully crafted hearth and mantle. Bathed in natural light, it's perfect for relaxing or entertaining. French doors lead to the private office-an ideal work-from-home retreat. A stylish powder room with pedestal sink and custom glass tile wall completes the main level. Upstairs, discover four generously sized bedrooms, including the serene primary suite with a tiered ceiling, large sitting area, and expansive walk-in closet with custom built-ins. The fully remodeled spa bath features a Kohler LuxStone walk-in shower and whirlpool tub-your personal retreat. The updated hall bath offers double vanities and custom tiled walls. The mudroom/laundry room is also updated, offering abundant cabinetry and a large closet. The full basement provides excellent potential for future expansion and includes two newer HVAC systems with built-in humidifiers and air purification. Sustainability meets convenience with a fully owned 8.45 kW solar panel system, significantly reducing electricity costs, and a 2.5-car epoxy-finished garage pre-wired for EV charging. Located within top-rated District 204 and feeding into award-winning Neuqua Valley High School-a National Blue Ribbon School known for academic and arts excellence. Enjoy Timber Creek's tree-lined streets and prime access to all that Naperville offers-Springbrook Prairie Forest Preserve, the Riverwalk, vibrant Downtown Naperville shopping and dining, and major highways-all just minutes away! Welcome to your new home!
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Location
Property Details
Parking
- Details: Asphalt, Garage Door Opener, Garage, On Site, Attached, Other
- Garage Spaces: 2
- Spaces Total: 4
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 2
- # of Baths (Total): 3.0
Interior Features
- # of Rooms: 9
- Basement: Yes
- Basement Description: Sump Pump, Finished, Full
Exterior Features
- Foundation: Concrete Perimeter
- Roof Material: Asphalt
HOA
- Has HOA: Yes
- HOA Fee: $225/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 070112108011
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Contemporary
- Year Built: 2005
Tax Information
- Annual Tax: $11,843
Utilities
- Heating: Natural Gas
- Cooling: Central Air
Location
- County: Will
Listing Details
Investment Summary
- Monthly Cash Flow
- -$2,584
- Cap Rate
- 1.8%
- Cash-on-Cash Return
- -16.9%
- Debt Coverage Ratio
- 0.32
- Internal Rate of Return (5 years)
- -12.3%
Cash Flow
Net Operating Income (NOI) minus mortgage payments.
Calculation:
NOI - Mortgage Payments
Cap Rate (Market Value)
Capitalization Rate is a rate of return that compares the yearly Net Operating Income (NOI) to the market value.
Calculation:
NOI / Market Value
Cash-on-Cash Return (CoC)
Annual Cash Flow / Cash Invested
Calculation:
Annual cash flow divided by initial cash invested.
Debt Coverage Ratio (DCR)
Net Operating Income (NOI) divided by total debt payments.
Calculation:
NOI / Total Debt Payments
Internal Rate of Return (IRR)
A metric for assessing profitability over time. IRR is the discount rate at which the net present value (NPV) of all future cash flows (positive and negative) from an investment equals zero — including both periodic cash flow (such as rent) and a projected sale at the end of the holding period. It represents the expected annualized return, accounting for income, expenses, and the recovery of capital through a future sale.
Purchase Details
Purchase PriceThe price paid for the property. Purchase price:
| $800,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$640,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $160,000 |
Closing CostsFees and expenses associated with purchasing a property, typically ranging from 2% to 5% of the home’s purchase price, paid at the end of a home purchase to cover services like lending, title transfer, and taxes. Closing costs:
| $24,000 |
Rehab CostsCosts incurred to repair or improve the property, including: roof, flooring, exterior siding, kitchen, exterior paint, bathrooms, etc. Rehab costs:
| $0 |
Initial Cash InvestedThe total initial cash invested in the property. Calculation:Down payment + Buying costs + Rehab costs Initial cash invested:
| $184,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 3,158 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $253 |
Monthly Rent Per Square FootMonthly rent divided by the number of square feet. This ratio helps investors compare rental income efficiency across properties, markets, and unit sizes Calculation:Monthly Rent / Square Feet Monthly rent per square foot:
| $1.01 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $640,000 |
|---|---|
Loan to Value Ratio (LTV)Loan amount divided by the market value of the property. Calculation:Loan Amount / Market Value
Loan to value ratio:
| 80.0% |
Loan TypeThe type of loan (e.g., fixed, adjustable).
Loan type:
| Amortizing |
TermThe loan repayment period in years.
Term:
| 30 years |
Interest RateThe percentage a lender charges on the borrowed amount of a loan, determining the cost of borrowing money.
Interest rate:
| 5.875% |
Principal & Interest (PI)The principal is the portion of the loan payment that reduces the loan balance. The interest is the lender's charge for borrowing money. Calculation:(P * r * (1 + r) ** n) / ((1 + r) ** n - 1) Where:
P = Loan amount (principal)
Principal & interest:
| $3,786 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $987 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified.
Insurance:
| $224 |
Private Mortgage Insurance (PMI)A fee that borrowers pay when they take out a conventional loan with a loan-to-value (LTV) ratio above 80%.
Private mortgage insurance (PMI):
| $0 |
Monthly PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. Monthly payment:
| $4,997 |
Operating Income
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Gross RentThe total rental income received from tenants before deducting any expenses. Includes base rent, late fees, pet fees, parking fees, and other recurring charges.
Gross rent:
| $3,200 | $38,400 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$192 | -$2,304 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $3,008 | $36,096 |
Operating Expenses
| % Rent | Monthly | Yearly | |
|---|---|---|---|
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services. | 31% | -$987 | -$11,843 |
InsuranceThe costs for insurance coverage to protect against financial losses due to risks like fire, natural disasters, theft, liability, or tenant-related damages. Calculation:Assumes 7% of gross rental income, unless insurance rates are specified. | 7% | -$224 | -$2,688 |
Property ManagementThe costs associated with hiring a property manager to handle the day-to-day operations of a rental property. Includes management fees, leasing fes, eviction fees, etc. Calculation:Assumes 8% of gross rental income. | 8% | -$256 | -$3,072 |
Repairs & MaintenanceOngoing costs for routine upkeep and minor fixes needed to keep a property in good working condition. Calculation:Assumes 5% of gross rental income. Varies by property age and condition. | 5% | -$160 | -$1,920 |
Capital ExpensesLarge, infrequent costs for major improvements or replacements, like a new roof, HVAC system, or appliances. Calculation:Assumes 5% of gross rental income. Varies by property age. | 5% | -$160 | -$1,920 |
HOA FeesRegular dues paid to a Homeowners Association for community maintenance, amenities, and management. Similar fees include: Condo Association Fees, Co-op Maintenance Fees, etc. | 1% | -$19 | -$228 |
Operating ExpensesRecurring costs required to maintain and manage a rental property, including property taxes, insurance, maintenance, repairs, utilities (if paid by the owner), property management fees, and other day-to-day expenses. Calculation:Insurance + Property Taxes + Property Management + Repairs & Maintenance + Capital Expenditures + HOA Fees | 56% | -$1,806 | -$21,671 |
Cash Flow
| Monthly | Yearly | |
|---|---|---|
Net Operating Income (NOI)The income generated from a property after deducting all operating expenses but before deducting mortgage payments, taxes, and capital expenditures. Calculation:Gross Operating Income - Operating Expenses
Net operating income:
| $1,202 | $14,424 |
Mortgage PaymentThe fixed amount a borrower pays each month to repay a loan. It typically includes principal and interest (P&I) and may also cover property taxes, insurance, HOA fees, and PMI if escrowed. | -$3,786 | -$45,432 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | $2,584 | $31,008 |