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$2,222 (target)

1524 Maureen Ct, Springfield, IL 62702

3 beds • 2 baths • 1264 sqft

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This property might be a fair Mid-Term investment with a projected 4.15% first-year return on $55,548 initial cash invested.

4.15%

Cash On Cash

8.22%

Cap Rate

1.3

DSCR

$2,222

Rent

$192

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,222 income − $2,030 expenses = $192 cash flow

Income$2,222Mortgage P&I$94442%Property Taxes$27412%Insurance$563%Management$26712%CapEx$894%Vacancy$673%Maintenance$894%Other$24411%Cash Flow$192

Investment Breakdown

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Purchase Price

$179k

Downpayment

20.0%

Interest Rate

6.9%

Mortgage Duration

30yr.

Cash To Invest

Total

$55,548

Downpayment

20%

$35,760

Closing costs

1%

$1,788

Rehab

0%

$0

Furnishing

10%

$18,000

Cashflow

Total Income

$2,222

Total Expenses

$2,030

Mortgage P&I

42%

$944

Property Taxes

12%

$274

Home Insurance

3%

$56

HOA

0%

$0

Property Management

12%

$267

CapEx

4%

$89

Vacancy

3%

$67

Maintenance

4%

$89

Other

11%

$244

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