$2,400,000
Investment Summary
- Monthly Cash Flow
- -$8,101
- Cap Rate
- 1.6%
- Cash-on-Cash Return
- -17.6%
- Debt Coverage Ratio
- 0.29
- Internal Rate of Return (5 years)
- -13.0%
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
Welcome to an extraordinary residence in the prestigious Prairie Lakes community-an architectural triumph where modern luxury, impeccable design, and refined functionality converge. If you're seeking an elevated lifestyle in one of St. Charles' most sought-after neighborhoods, this is the home you've been waiting for. A beautiful blue stone paver entrance and expansive front porch set the stage for a dramatic arrival, instantly evoking timeless sophistication and grandeur. Step inside to experience pure modern elegance, where every detail has been curated with extraordinary workmanship and custom finishes throughout. The stunning foyer offers a designer's touch with exquisite millwork and extraordinary trim that immediately signals the elevated standard of living found throughout the home. A grand office at the front of the home showcases breathtaking lake views, beautifully framed by French doors, custom built-ins, and richly detailed finishes-ideal for executive-level work-from-home living. Entertain in style in the formal living room, adorned with wainscoting, crown molding, and oversized windows that flood the space with natural light. The expansive family room exudes comfort and class, featuring a coffered ceiling, elegant fireplace, and designer trim, seamlessly flowing into the kitchen to create a warm, open concept living experience. At the heart of the home is the showstopping gourmet kitchen, where Calacatta Brazil Quartzite countertops, stainless steel appliances, and crisp white cabinetry are elevated by a striking shiplap tray ceiling and a massive breakfast bar island-a dream for both chefs and entertainers. A spacious dining area and a butler's pantry add to the kitchen's impressive functionality and charm. This home offers rare and thoughtful luxuries including two elegant half baths on the main level, a mudroom with custom built-ins, and a versatile washing station-ideal for pets or additional utility needs. Upstairs, indulge in the primary suite of your dreams-a luxurious sanctuary featuring beamed cathedral ceilings, hardwood flooring, dual custom walk-in closets, and a spa-inspired ultra-lux master bath designed for total relaxation. Each of the additional bedrooms offers its own unique flair, complete with intricate ceiling designs, hardwood floors, large bright windows -blending comfort and sophistication seamlessly. The additional bedroom bathrooms offer luxurious heated flooring throughout. This home shines with multiple entertaining spaces, including a stunning bonus level complete with a custom wet bar, full bath, and pool table area-ideal for hosting or converting into an inspiring executive office suite. Enjoy the convenience of dual laundry rooms, each equipped with washer and dryer sets-one on the main level and another on the second floor-offering ease and efficiency for every lifestyle. The fully finished lower level takes entertaining to the next level with radiant heated floors, plush carpeting, a sleek modern wet bar, full bath, great room, bonus room, and a 5th bedroom/exercise room. Set on a larger lot, the professionally landscaped grounds offer a private outdoor retreat like no other. Unwind on the covered patio with pergola and fireplace or host gatherings in the beautifully designed outdoor living space. Surrounded by mature trees and lush greenery, the backyard provides a rare sense of seclusion and tranquility, blending natural privacy with refined outdoor living. Notable upgrades include a Sonos wireless sound system, invisible fencing, irrigation system, and a fully equipped, oversized 4-car radiant garage with 9-ft entrance doors, epoxy flooring, a utility sink, and EV charging added (50 amp circuit). Located within the top-rated St. Charles School District, the home is just minutes from award-winning dining, boutique shopping, and everyday conveniences. Discover elevated living at its finest, schedule your private showing!
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Location
Property Details
Parking
- Description: Garage
- Details: Concrete, Garage Door Opener, Heated Garage, On Site, Attached, Garage
- Garage Spaces: 4
- Spaces Total: 4
Bedroom Information
- # of Bedrooms: 4
Bathroom Information
- # of Baths (Full): 5
- # of Baths (Partial): 2
- # of Baths (Total): 7.0
Interior Features
- # of Rooms: 13
- Basement: Yes
- Basement Description: Sump Pump, Finished, Storage Space, Full
- Fireplace: Yes
Exterior Features
- Foundation: Concrete Perimeter
- Roof Material: Asphalt
HOA
- Has HOA: Yes
- HOA Fee: $1,679/annually
Land Information
- Land Use: Residential
- Land Use Subtype: Single Family Residential
Lot Information
- Parcel ID: 0813427012
- Lot Size: 0 sqft
Property Information
- Property Type: Single Family Residence
- Style: Traditional
- Year Built: 2015
Tax Information
- Annual Tax: $32,102
Utilities
- Water & Sewer: Public
- Heating: Natural Gas, Radiant Floor
- Cooling: Ceiling Fan(s), Central Air
Location
- County: Kane
Listing Details
Investment Summary
- Monthly Cash Flow
- -$8,101
- Cap Rate
- 1.6%
- Cash-on-Cash Return
- -17.6%
- Debt Coverage Ratio
- 0.29
- Internal Rate of Return (5 years)
- -13.0%
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:
| $2,400,000 |
|---|---|
Amount FinancedThe amount of the purchase financed through a loan. Amount financed:
| -$1,920,000 |
Down paymentThe initial payment made towards the purchase. Down payment:
| $480,000 |
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:
| $72,000 |
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:
| $552,000 |
Square Feet (SQFT)The total square footage of the property. Square feet:
| 8,475 |
Cost Per Square FootCost per square foot of the property. Calculation:Purchase Price / Square Feet Cost per square foot:
| $283 |
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:
| $1.04 |
Financing Details
Loan AmountThe total sum of money borrowed from a lender to finance a property purchase. Calculation:Purchase Price - Down Payment
Loan amount:
| $1,920,000 |
|---|---|
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:
| $11,358 |
Property TaxesAnnual taxes levied by local governments on real estate properties. These taxes fund public services like schools, roads, and emergency services.
Property tax:
| $2,675 |
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:
| $616 |
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:
| $14,649 |
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:
| $8,800 | $105,600 | |
Vacancy LossExpected loss of rent due to vacancies.
Vacancy loss:
(6%)
| 6% | -$528 | -$6,336 |
Operating IncomeGross rental income minus vacancy loss. Calculation:Gross rent - Vacancy loss
Operating income:
| $8,272 | $99,264 |
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. | 30% | -$2,675 | -$32,103 |
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% | -$616 | -$7,392 |
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% | -$704 | -$8,448 |
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% | -$440 | -$5,280 |
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% | -$440 | -$5,280 |
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. | 2% | -$140 | -$1,680 |
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 | 57% | -$5,015 | -$60,183 |
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:
| $3,257 | $39,084 |
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. | -$11,358 | -$136,296 |
Cash FlowNet Operating Income (NOI) minus mortgage payments. Calculation:NOI - Mortgage Payments | -$8,101 | -$97,212 |