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$1,833 (target)

1502 N Walnut St, Olney, IL 62450

3 beds • 2 baths • 1173 sqft

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This property might be a fair Mid-Term investment with a projected 7.32% first-year return on $49,479 initial cash invested.

7.32%

Cash On Cash

9.53%

Cap Rate

1.46

DSCR

$1,833

Rent

$302

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,833 income − $1,531 expenses = $302 cash flow

Income$1,833Mortgage P&I$81544%Property Taxes$412%Insurance$523%Management$22012%CapEx$734%Vacancy$553%Maintenance$734%Other$20211%Cash Flow$302

Investment Breakdown

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Purchase Price

$150k

Downpayment

20.0%

Interest Rate

7.2%

Mortgage Duration

30yr.

Cash To Invest

Total

$49,479

Downpayment

20%

$29,980

Closing costs

1%

$1,499

Rehab

0%

$0

Furnishing

12%

$18,000

Cashflow

Total Income

$1,833

Total Expenses

$1,531

Mortgage P&I

44%

$815

Property Taxes

2%

$41

Home Insurance

3%

$52

HOA

0%

$0

Property Management

12%

$220

CapEx

4%

$73

Vacancy

3%

$55

Maintenance

4%

$73

Other

11%

$202

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