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$2,566 (target)

1256 N Academy St, Galesburg, IL 61401

3 beds • 3 baths • 2734 sqft

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This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $58,740 initial cash invested.

3.98%

Cash On Cash

8.18%

Cap Rate

1.29

DSCR

$2,566

Rent

$195

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,566 income − $2,371 expenses = $195 cash flow

Income$2,566Mortgage P&I$1,02540%Property Taxes$40716%Insurance$663%Management$30812%CapEx$1034%Vacancy$773%Maintenance$1034%Other$28211%Cash Flow$195

Investment Breakdown

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Purchase Price

$194k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$58,740

Downpayment

20%

$38,800

Closing costs

1%

$1,940

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,566

Total Expenses

$2,371

Mortgage P&I

40%

$1,025

Property Taxes

16%

$407

Home Insurance

3%

$66

HOA

0%

$0

Property Management

12%

$308

CapEx

4%

$103

Vacancy

3%

$77

Maintenance

4%

$103

Other

11%

$282

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