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$4,144 (target)

109 Basswood Rd, Springfield, IL 62712

3 beds • 2 baths • 1660 sqft

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This property could be a profitable Mid-Term investment with a projected 16.21% first-year return on $70,479 initial cash invested.

16.21%

Cash On Cash

11.92%

Cap Rate

1.82

DSCR

$4,144

Rent

$952

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,144 income − $3,192 expenses = $952 cash flow

Income$4,144Mortgage P&I$1,36433%Property Taxes$3318%Insurance$882%Management$49712%CapEx$1664%Vacancy$1243%Maintenance$1664%Other$45611%Cash Flow$952

Investment Breakdown

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Purchase Price

$250k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$70,479

Downpayment

20%

$49,980

Closing costs

1%

$2,499

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$4,144

Total Expenses

$3,192

Mortgage P&I

33%

$1,364

Property Taxes

8%

$331

Home Insurance

2%

$88

HOA

0%

$0

Property Management

12%

$497

CapEx

4%

$166

Vacancy

3%

$124

Maintenance

4%

$166

Other

11%

$456

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