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$3,462 (target)

1408 W Cloverdale Rd, Chillicothe, IL 61523

3 beds • 3 baths • 1640 sqft

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This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $77,829 initial cash invested.

3.53%

Cash On Cash

7.58%

Cap Rate

1.26

DSCR

$3,462

Rent

$229

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,462 income − $3,233 expenses = $229 cash flow

Income$3,462Mortgage P&I$1,43341%Property Taxes$52315%Insurance$1013%Management$41512%CapEx$1384%Vacancy$1043%Maintenance$1384%Other$38111%Cash Flow$229

Investment Breakdown

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Purchase Price

$285k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$77,829

Downpayment

20%

$56,980

Closing costs

1%

$2,849

Rehab

0%

$0

Furnishing

6%

$18,000

Cashflow

Total Income

$3,462

Total Expenses

$3,233

Mortgage P&I

41%

$1,433

Property Taxes

15%

$523

Home Insurance

3%

$101

HOA

0%

$0

Property Management

12%

$415

CapEx

4%

$138

Vacancy

3%

$104

Maintenance

4%

$138

Other

11%

$381

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