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$2,816 (target)

1100 Meadowview Dr, Mendota, IL 61342

3 beds • 3 baths • 1886 sqft

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This property might be a fair Mid-Term investment with a projected 9.23% first-year return on $61,008 initial cash invested.

9.23%

Cash On Cash

9.77%

Cap Rate

1.54

DSCR

$2,816

Rent

$469

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,816 income − $2,347 expenses = $469 cash flow

Income$2,816Mortgage P&I$1,08639%Property Taxes$2318%Insurance$723%Management$33812%CapEx$1134%Vacancy$843%Maintenance$1134%Other$31011%Cash Flow$469

Investment Breakdown

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Purchase Price

$205k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$61,008

Downpayment

20%

$40,960

Closing costs

1%

$2,048

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,816

Total Expenses

$2,347

Mortgage P&I

39%

$1,086

Property Taxes

8%

$231

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$338

CapEx

4%

$113

Vacancy

3%

$84

Maintenance

4%

$113

Other

11%

$310

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