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$2,913 (target)

1402 W Masters Ln, Decatur, IL 62521

3 beds • 3 baths • 1642 sqft

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This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $65,418 initial cash invested.

2.37%

Cash On Cash

7.92%

Cap Rate

1.2

DSCR

$2,913

Rent

$129

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,913 income − $2,784 expenses = $129 cash flow

Income$2,913Mortgage P&I$1,24543%Property Taxes$46816%Insurance$803%Management$35012%CapEx$1174%Vacancy$873%Maintenance$1174%Other$32011%Cash Flow$129

Investment Breakdown

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Purchase Price

$226k

Downpayment

20.0%

Interest Rate

7.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$65,418

Downpayment

20%

$45,160

Closing costs

1%

$2,258

Rehab

0%

$0

Furnishing

8%

$18,000

Cashflow

Total Income

$2,913

Total Expenses

$2,784

Mortgage P&I

43%

$1,245

Property Taxes

16%

$468

Home Insurance

3%

$80

HOA

0%

$0

Property Management

12%

$350

CapEx

4%

$117

Vacancy

3%

$87

Maintenance

4%

$117

Other

11%

$320

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