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$2,290 (target)

1002 Oakwood Ln, Marion, IL 62959

3 beds • 2 baths • 1120 sqft

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This property could be a profitable Mid-Term investment with a projected 13.41% first-year return on $50,109 initial cash invested.

13.41%

Cash On Cash

11.48%

Cap Rate

1.8

DSCR

$2,290

Rent

$560

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,290 income − $1,730 expenses = $560 cash flow

Income$2,290Mortgage P&I$81135%Property Taxes$834%Insurance$562%Management$27512%CapEx$924%Vacancy$693%Maintenance$924%Other$25211%Cash Flow$560

Investment Breakdown

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Purchase Price

$153k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,109

Downpayment

20%

$30,580

Closing costs

1%

$1,529

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,290

Total Expenses

$1,730

Mortgage P&I

35%

$811

Property Taxes

4%

$83

Home Insurance

2%

$56

HOA

0%

$0

Property Management

12%

$275

CapEx

4%

$92

Vacancy

3%

$69

Maintenance

4%

$92

Other

11%

$252

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