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$2,188 (target)

1004 Grand Ave, Johnston City, IL 62951

3 beds • 2 baths • 1536 sqft

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This property could be a profitable Mid-Term investment with a projected 13.23% first-year return on $47,631 initial cash invested.

13.23%

Cash On Cash

11.3%

Cap Rate

1.86

DSCR

$2,188

Rent

$525

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,188 income − $1,663 expenses = $525 cash flow

Income$2,188Mortgage P&I$71633%Property Taxes$1577%Insurance$442%Management$26312%CapEx$884%Vacancy$663%Maintenance$884%Other$24111%Cash Flow$525

Investment Breakdown

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Purchase Price

$141k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$47,631

Downpayment

20%

$28,220

Closing costs

1%

$1,411

Rehab

0%

$0

Furnishing

13%

$18,000

Cashflow

Total Income

$2,188

Total Expenses

$1,663

Mortgage P&I

33%

$716

Property Taxes

7%

$157

Home Insurance

2%

$44

HOA

0%

$0

Property Management

12%

$263

CapEx

4%

$88

Vacancy

3%

$66

Maintenance

4%

$88

Other

11%

$241

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