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$2,667 (target)

1203 S 4th Ave, Kankakee, IL 60901

3 beds • 2 baths • 1200 sqft

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This property could be a profitable Mid-Term investment with a projected 28.77% first-year return on $38,790 initial cash invested.

28.77%

Cash On Cash

19.38%

Cap Rate

2.85

DSCR

$2,667

Rent

$930

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,667 income − $1,737 expenses = $930 cash flow

Income$2,667Mortgage P&I$56221%Property Taxes$2339%Insurance$351%Management$32012%CapEx$1074%Vacancy$803%Maintenance$1074%Other$29311%Cash Flow$930

Investment Breakdown

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Purchase Price

$99,000

Downpayment

20.0%

Interest Rate

7.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$38,790

Downpayment

20%

$19,800

Closing costs

1%

$990

Rehab

0%

$0

Furnishing

18%

$18,000

Cashflow

Total Income

$2,667

Total Expenses

$1,737

Mortgage P&I

21%

$562

Property Taxes

9%

$233

Home Insurance

1%

$35

HOA

0%

$0

Property Management

12%

$320

CapEx

4%

$107

Vacancy

3%

$80

Maintenance

4%

$107

Other

11%

$293

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