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$4,298 (target)

1203 S Race St, Urbana, IL 61801

3 beds • 2 baths • 1764 sqft

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This property might be a fair Mid-Term investment with a projected 3.55% first-year return on $88,329 initial cash invested.

3.55%

Cash On Cash

7.75%

Cap Rate

1.25

DSCR

$4,298

Rent

$261

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,298 income − $4,037 expenses = $261 cash flow

Income$4,298Mortgage P&I$1,73040%Property Taxes$72817%Insurance$1173%Management$51612%CapEx$1724%Vacancy$1293%Maintenance$1724%Other$47311%Cash Flow$261

Investment Breakdown

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Purchase Price

$335k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$88,329

Downpayment

20%

$66,980

Closing costs

1%

$3,349

Rehab

0%

$0

Furnishing

5%

$18,000

Cashflow

Total Income

$4,298

Total Expenses

$4,037

Mortgage P&I

40%

$1,730

Property Taxes

17%

$728

Home Insurance

3%

$117

HOA

0%

$0

Property Management

12%

$516

CapEx

4%

$172

Vacancy

3%

$129

Maintenance

4%

$172

Other

11%

$473

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