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$2,490 (target)

1306 Monroe Ave, Johnston City, IL 62951

3 beds • 2 baths • 2174 sqft

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This property could be a profitable Mid-Term investment with a projected 21.95% first-year return on $41,163 initial cash invested.

21.95%

Cash On Cash

15.73%

Cap Rate

2.44

DSCR

$2,490

Rent

$753

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,490 income − $1,737 expenses = $753 cash flow

Income$2,490Mortgage P&I$59324%Property Taxes$2249%Insurance$723%Management$29912%CapEx$1004%Vacancy$753%Maintenance$1004%Other$27411%Cash Flow$753

Investment Breakdown

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Purchase Price

$110k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$41,163

Downpayment

20%

$22,060

Closing costs

1%

$1,103

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$2,490

Total Expenses

$1,737

Mortgage P&I

24%

$593

Property Taxes

9%

$224

Home Insurance

3%

$72

HOA

0%

$0

Property Management

12%

$299

CapEx

4%

$100

Vacancy

3%

$75

Maintenance

4%

$100

Other

11%

$274

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