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$2,100 (target)

1026 N 8th St, Quincy, IL 62301

3 beds • 2 baths • 1750 sqft

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This property could be a profitable Mid-Term investment with a projected 19.66% first-year return on $40,722 initial cash invested.

19.66%

Cash On Cash

14.42%

Cap Rate

2.37

DSCR

$2,100

Rent

$667

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,100 income − $1,433 expenses = $667 cash flow

Income$2,100Mortgage P&I$54926%Property Taxes$1467%Insurance$241%Management$25212%CapEx$844%Vacancy$633%Maintenance$844%Other$23111%Cash Flow$667

Investment Breakdown

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Purchase Price

$108k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$40,722

Downpayment

20%

$21,640

Closing costs

1%

$1,082

Rehab

0%

$0

Furnishing

17%

$18,000

Cashflow

Total Income

$2,100

Total Expenses

$1,433

Mortgage P&I

26%

$549

Property Taxes

7%

$146

Home Insurance

1%

$24

HOA

0%

$0

Property Management

12%

$252

CapEx

4%

$84

Vacancy

3%

$63

Maintenance

4%

$84

Other

11%

$231

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