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11829 Songbird Rd, Marion, IL 62959

3 beds • 2 baths • 1704 sqft

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This property might be a fair Mid-Term investment with a projected 2.97% first-year return on $66,972 initial cash invested.

2.97%

Cash On Cash

7.8%

Cap Rate

1.22

DSCR

$2,786

Rent

$166

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$233k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$66,972

Downpayment

20%

$46,640

Closing costs

1%

$2,332

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,786

Total Expenses

$2,620

Mortgage P&I

44%

$1,238

Property Taxes

13%

$352

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$334

CapEx

4%

$111

Vacancy

3%

$84

Maintenance

4%

$111

Other

11%

$306

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