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$4,576 (target)

1408 S Fern Dr, Mount Prospect, IL 60056

3 beds • 2 baths • 0 sqft

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This property might be a fair Mid-Term investment with a projected 0.54% first-year return on $112k initial cash invested.

0.54%

Cash On Cash

6.68%

Cap Rate

1.1

DSCR

$4,576

Rent

$50

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$4,576 income − $4,526 expenses = $50 cash flow

Income$4,576Mortgage P&I$2,24749%Property Taxes$56612%Insurance$1583%Management$54912%CapEx$1834%Vacancy$1373%Maintenance$1834%Other$50311%Cash Flow$50

Investment Breakdown

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Purchase Price

$446k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$112k

Downpayment

20%

$89,100

Closing costs

1%

$4,455

Rehab

0%

$0

Furnishing

4%

$18,000

Cashflow

Total Income

$4,576

Total Expenses

$4,526

Mortgage P&I

49%

$2,247

Property Taxes

12%

$566

Home Insurance

3%

$158

HOA

0%

$0

Property Management

12%

$549

CapEx

4%

$183

Vacancy

3%

$137

Maintenance

4%

$183

Other

11%

$503

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