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1313 Courtland Ave, Normal, IL 61761

3 beds • 3 baths • 2844 sqft

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This property might be a fair Mid-Term investment with a projected 0.46% first-year return on $78,543 initial cash invested.

0.46%

Cash On Cash

6.46%

Cap Rate

1.11

DSCR

$3,062

Rent

$30

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$288k

Downpayment

20.0%

Interest Rate

6.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$78,543

Downpayment

20%

$57,660

Closing costs

1%

$2,883

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,062

Total Expenses

$3,032

Mortgage P&I

46%

$1,401

Property Taxes

16%

$486

Home Insurance

3%

$105

HOA

0%

$0

Property Management

12%

$367

CapEx

4%

$122

Vacancy

3%

$92

Maintenance

4%

$122

Other

11%

$337

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