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$2,032 (target)

1118 13th St, Highland, IL 62249

3 beds • 2 baths • 970 sqft

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This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $55,170 initial cash invested.

2.57%

Cash On Cash

7.72%

Cap Rate

1.21

DSCR

$2,032

Rent

$118

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,032 income − $1,914 expenses = $118 cash flow

Income$2,032Mortgage P&I$93946%Property Taxes$22111%Insurance$633%Management$24412%CapEx$814%Vacancy$613%Maintenance$814%Other$22411%Cash Flow$118

Investment Breakdown

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Purchase Price

$177k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,170

Downpayment

20%

$35,400

Closing costs

1%

$1,770

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,032

Total Expenses

$1,914

Mortgage P&I

46%

$939

Property Taxes

11%

$221

Home Insurance

3%

$63

HOA

0%

$0

Property Management

12%

$244

CapEx

4%

$81

Vacancy

3%

$61

Maintenance

4%

$81

Other

11%

$224

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