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$1,786 (target)

1369 N Prairie St, Galesburg, IL 61401

3 beds • 4 baths • 2140 sqft

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This property looks like a bad Mid-Term investment with a projected -6.28% first-year return on $59,979 initial cash invested.

-6.28%

Cash On Cash

4.89%

Cap Rate

0.77

DSCR

$1,786

Rent

-$314

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,786 income − $2,100 expenses = $314 out of pocket

Income$1,786Out of Pocket$314Mortgage P&I$1,05759%Property Taxes$36721%Insurance$704%Management$21412%CapEx$714%Vacancy$543%Maintenance$714%Other$19611%

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$59,979

Downpayment

20%

$39,980

Closing costs

1%

$1,999

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$1,786

Total Expenses

$2,100

Mortgage P&I

59%

$1,057

Property Taxes

21%

$367

Home Insurance

4%

$70

HOA

0%

$0

Property Management

12%

$214

CapEx

4%

$71

Vacancy

3%

$54

Maintenance

4%

$71

Other

11%

$196

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