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$3,354 (target)

1201 Fairchild Ave, Joliet, IL 60432

3 beds • 2 baths • 1666 sqft

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This property could be a profitable Mid-Term investment with a projected 11.35% first-year return on $68,295 initial cash invested.

11.35%

Cash On Cash

10.46%

Cap Rate

1.6

DSCR

$3,354

Rent

$646

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,354 income − $2,708 expenses = $646 cash flow

Income$3,354Mortgage P&I$1,30739%Property Taxes$1775%Insurance$843%Management$40212%CapEx$1344%Vacancy$1013%Maintenance$1344%Other$36911%Cash Flow$646

Investment Breakdown

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Purchase Price

$240k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,295

Downpayment

20%

$47,900

Closing costs

1%

$2,395

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$3,354

Total Expenses

$2,708

Mortgage P&I

39%

$1,307

Property Taxes

5%

$177

Home Insurance

3%

$84

HOA

0%

$0

Property Management

12%

$402

CapEx

4%

$134

Vacancy

3%

$101

Maintenance

4%

$134

Other

11%

$369

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