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$2,074 (target)

1426 W Lincoln Blvd, Freeport, IL 61032

3 beds • 2 baths • 1640 sqft

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This property might be a fair Mid-Term investment with a projected 2.82% first-year return on $51,831 initial cash invested.

2.82%

Cash On Cash

7.96%

Cap Rate

1.24

DSCR

$2,074

Rent

$122

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,074 income − $1,952 expenses = $122 cash flow

Income$2,074Mortgage P&I$86442%Property Taxes$32516%Insurance$583%Management$24912%CapEx$834%Vacancy$623%Maintenance$834%Other$22811%Cash Flow$122

Investment Breakdown

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Purchase Price

$161k

Downpayment

20.0%

Interest Rate

7.1%

Mortgage Duration

30yr.

Cash To Invest

Total

$51,831

Downpayment

20%

$32,220

Closing costs

1%

$1,611

Rehab

0%

$0

Furnishing

11%

$18,000

Cashflow

Total Income

$2,074

Total Expenses

$1,952

Mortgage P&I

42%

$864

Property Taxes

16%

$325

Home Insurance

3%

$58

HOA

0%

$0

Property Management

12%

$249

CapEx

4%

$83

Vacancy

3%

$62

Maintenance

4%

$83

Other

11%

$228

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