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$2,342 (target)

1416 Scottsdale Dr, Champaign, IL 61821

3 beds • 2 baths • 1408 sqft

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This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $60,315 initial cash invested.

1.61%

Cash On Cash

7.61%

Cap Rate

1.16

DSCR

$2,342

Rent

$81

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,342 income − $2,261 expenses = $81 cash flow

Income$2,342Mortgage P&I$1,10347%Property Taxes$28812%Insurance$733%Management$28112%CapEx$944%Vacancy$703%Maintenance$944%Other$25811%Cash Flow$81

Investment Breakdown

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Purchase Price

$202k

Downpayment

20.0%

Interest Rate

7.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,315

Downpayment

20%

$40,300

Closing costs

1%

$2,015

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,342

Total Expenses

$2,261

Mortgage P&I

47%

$1,103

Property Taxes

12%

$288

Home Insurance

3%

$73

HOA

0%

$0

Property Management

12%

$281

CapEx

4%

$94

Vacancy

3%

$70

Maintenance

4%

$94

Other

11%

$258

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