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$2,122 (target)

1048 Beecher Ave, Galesburg, IL 61401

3 beds • 2 baths • 1289 sqft

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This property might be a fair Mid-Term investment with a projected 6.17% first-year return on $50,382 initial cash invested.

6.17%

Cash On Cash

9.13%

Cap Rate

1.41

DSCR

$2,122

Rent

$259

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,122 income − $1,863 expenses = $259 cash flow

Income$2,122Mortgage P&I$82939%Property Taxes$25612%Insurance$563%Management$25512%CapEx$854%Vacancy$643%Maintenance$854%Other$23311%Cash Flow$259

Investment Breakdown

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Purchase Price

$154k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$50,382

Downpayment

20%

$30,840

Closing costs

1%

$1,542

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$2,122

Total Expenses

$1,863

Mortgage P&I

39%

$829

Property Taxes

12%

$256

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$255

CapEx

4%

$85

Vacancy

3%

$64

Maintenance

4%

$85

Other

11%

$233

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