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120 S Fairway Dr, Belleville, IL 62223

3 beds • 2 baths • 2428 sqft

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This property looks like a bad Mid-Term investment with a projected -9.56% first-year return on $96,750 initial cash invested.

-9.56%

Cash On Cash

3.8%

Cap Rate

0.64

DSCR

$2,624

Rent

-$771

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$375k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$96,750

Downpayment

20%

$75,000

Closing costs

1%

$3,750

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$2,624

Total Expenses

$3,395

Mortgage P&I

71%

$1,854

Property Taxes

19%

$511

Home Insurance

5%

$131

HOA

0%

$6

Property Management

12%

$315

CapEx

4%

$105

Vacancy

3%

$79

Maintenance

4%

$105

Other

11%

$289

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