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$2,175 (target)

1533 S Harlem Ave, Freeport, IL 61032

3 beds • 2 baths • 2068 sqft

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This property might be a fair Mid-Term investment with a projected 0.06% first-year return on $60,000 initial cash invested.

0.06%

Cash On Cash

6.96%

Cap Rate

1.08

DSCR

$2,175

Rent

$3

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,175 income − $2,172 expenses = $3 cash flow

Income$2,175Mortgage P&I$1,07049%Property Taxes$29313%Insurance$703%Management$26112%CapEx$874%Vacancy$653%Maintenance$874%Other$23911%Cash Flow$3

Investment Breakdown

|

Purchase Price

$200k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$60,000

Downpayment

20%

$40,000

Closing costs

1%

$2,000

Rehab

0%

$0

Furnishing

9%

$18,000

Cashflow

Total Income

$2,175

Total Expenses

$2,172

Mortgage P&I

49%

$1,070

Property Taxes

13%

$293

Home Insurance

3%

$70

HOA

0%

$0

Property Management

12%

$261

CapEx

4%

$87

Vacancy

3%

$65

Maintenance

4%

$87

Other

11%

$239

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