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$2,774 (target)

1108 W Springfield Ave, Champaign, IL 61821

3 beds • 2 baths • 1131 sqft

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This property might be a fair Mid-Term investment with a projected 6.24% first-year return on $58,887 initial cash invested.

6.24%

Cash On Cash

9.28%

Cap Rate

1.38

DSCR

$2,774

Rent

$306

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,774 income − $2,468 expenses = $306 cash flow

Income$2,774Mortgage P&I$1,08939%Property Taxes$36613%Insurance$703%Management$33312%CapEx$1114%Vacancy$833%Maintenance$1114%Other$30511%Cash Flow$306

Investment Breakdown

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Purchase Price

$195k

Downpayment

20.0%

Interest Rate

7.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,887

Downpayment

20%

$38,940

Closing costs

1%

$1,947

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,774

Total Expenses

$2,468

Mortgage P&I

39%

$1,089

Property Taxes

13%

$366

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$333

CapEx

4%

$111

Vacancy

3%

$83

Maintenance

4%

$111

Other

11%

$305

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