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$2,984 (target)

12559 S Michigan Ave, Orland Park, IL 60628

3 beds • 2 baths • 1100 sqft

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This property could be a profitable Mid-Term investment with a projected 17.37% first-year return on $55,464 initial cash invested.

17.37%

Cash On Cash

12.71%

Cap Rate

1.95

DSCR

$2,984

Rent

$803

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,984 income − $2,181 expenses = $803 cash flow

Income$2,984Mortgage P&I$96732%Property Taxes$1535%Insurance$472%Management$35812%CapEx$1194%Vacancy$903%Maintenance$1194%Other$32811%Cash Flow$803

Investment Breakdown

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Purchase Price

$178k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,464

Downpayment

20%

$35,680

Closing costs

1%

$1,784

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,984

Total Expenses

$2,181

Mortgage P&I

32%

$967

Property Taxes

5%

$153

Home Insurance

2%

$47

HOA

0%

$0

Property Management

12%

$358

CapEx

4%

$119

Vacancy

3%

$90

Maintenance

4%

$119

Other

11%

$328

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